Investor Presentaiton slide image

Investor Presentaiton

Prudent Fiscal Policy to be Reintroduced in 2023 ARDAL Between 2009 and 2019 Slovakia successfully reduced the government deficit by over 6% of GDP COVID-19 pandemic deteriorated public finance (higher deficits 2020 - 2022 reflected particularly economic downturn and fiscal stimulus of around 6% of GDP) ✓ the Government is introducing expenditure ceilings in 2023 expecting headline deficit to return closer to 3% of GDP % of GDP 0.0 General Government balance -1.0 -2.0 -3.0 EU Government budget deficit rule (-3% of GDP) -4.0 -5.0 -6.0 -7.0 -8.0 -9.0 -10.0 2009 2010 2011 2012 2013 2014 ■Slovakia ■Belgium 2015 2016 2017 2018 2019 2020 2021 2022F 2023F Euro Area Finland 25 Source: Eurostat, EC Spring forecast 2022
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