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Investor Presentaiton

Fiscal Deficit Lower than Neighbouring Countries Slovakia General Government Deficit (% of GDP) 0,0% -0,5% -1,0% -1,2% -2,3% -2,3% -1,7% -1,5% -3,0% -3,7% -1,2% -2,0% -1,2% -2,5% -0,8% -1,1% -3,0% -3,0% -2,9% -3,5% -3,1% -3,4% -2,4% Maastricht Criteria -4,0% -3,7% Slovakia Czech Poland Hungary ויייי 2006 General Gov. Deficit (% of GDP), Peer Comparison 0,0% -1,0% -2,0% -3,0% -4,0% -5,0% -6,0% -7,0% -8,0% -9,0% + Continued fiscal prudence Relatively strong fiscal position in Central Europe + General government deficit reached 3.4% of GDP in 2006 (incl. pension reform costs 1.1% of GDP) + 2007 Budget set general government deficit at 2.9% of GDP... + ...within Maastricht Criteria H -10,0% Note: EA13- euro area Source: Ministry of Finance, NBS, European Commission * Forecasts: Ministry of Finance 7
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