Investor Presentaiton
Prudent Fiscal Policy to be Reintroduced in 2024
24RDAL
2003 Agentúra pre riadenie dlhu a likvidity
2023 Dobi and Liquidity Management Agency
In 2022 Slovakia reached deficit of 2.0% of GDP mainly due to inflow of robust tax revenues affected by inflation and
withdrawal of pandemic measures.
Government budget balance to rise at estimated 6.3 % of GDP in 2023 reflecting temporary energy measures and
lagged expenditure related to inflation, as well as government measures targeted at families and pensioners that will
materialize in 2023.
The approved expenditure ceilings for 2023-2025 will be updated for whole period of new incoming government
(2024-2028), requiring structural adjustment as from 2024.
In addition, in Stability Programme (April 2023) the Government outlined new budgetary targets to bring deficit
close to 2% of GDP up to 2026 in reaction to requirements of activated EU fiscal rules since 2024.
% of GDP
0
-2
-4
-6
60
-8
-10
General Government Balance
EU deficit rule (-3% of GDP)
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2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023F
■Euro area (20 countries) Belgium Finland
Slovakia
Source: Eurostat, EC Autumn forecast 2022
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