Investor Presentaiton
FISCAL SPACE PROVIDED A POSSIBLITY FOR SIGNIFFICANT PUBLIC SUPPORT
PACKAGE
Extension of support measures from 2022 into 2023 and calibrating them to minimize the negative spill-overs
7.0%
Public support packages
(% of GDP, impact on budget balance)
6.3%
Principles in calibrating the support measures, if needed
✓ All support measures - temporary.
6.0%
5.0%
4.0%
3.6%
3.2%
3.0%
1.1%
14
2.0%
1.0%
0.0%
2020
2021
0.4%
1.1%
2.0%
0.6%
0.4% 0.1%
2022
2023
■Energy compensation for housholds, social benefits
■Compensation of energy prices for companies
Covid-19 related support
Note: electricity related support that applies to both households and companies is split
equally among those categories
* As on 31.07.2023.
Source: Ministry of Finance; Data on September 28, 2023, the Treasury calculations
✓ As far as possible the support would be targeted to most
vulnearble households and companies
Targeted support
measures
■ The size of targeted measures
would be significant enough to
address the underplaying
challenges
Broad support
measures
To avoid socio-economic risks
and ensure preservance of
political stability
■ As small in size as possible to
minimize negative effects in
wage - inflation spiralView entire presentation