Slovenia budget records deficit in Q1

Debt

Photo by esfera / Shutterstock.com

Slovenia's budget revenue in the first three months of the year amounted to EUR 2.4 billion, up 1% year-on-year, while expenditure was up by 37% to almost EUR 3.68 billion for a deficit of nearly EUR 1.27 billion, according to a report by The Slovenia Times.

This compares to a EUR 304.9 million deficit in the same period last year, announced the Finance Ministry.

The ministry noted that the increased expenditure in the Q1 was related mostly to the COVID-19 epidemic and mitigation of its consequences on companies and residents.

ADVERTISEMENT

Raiffeisen predicts 4.5% GDP growth for 2022 Analysis

Raiffeisen predicts 4.5% GDP growth for 2022

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New partner announced at act Bán & Karika Attorneys at Law Appointments

New partner announced at act Bán & Karika Attorneys at Law

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.