Slovakia is closer to the Greek road with a huge debt

Illustrative image to the article Pellegrini on the budget: Slovakia is closer to the Greek road with a huge debt

On the sidelines of the government’s approved draft budget for next year, Pellegrini said it was unacceptable and did not provide any development impetus.

On the sidelines of the government’s approved draft budget for next year, Pellegrini said it was unacceptable and did not provide any development impetus.

Illustrative image to the article Pellegrini on the budget: Slovakia is closer to the Greek road with a huge debt

The non-parliamentary party Hlas-SD does not agree with the government’s approved draft budget for next year. According to party leader Petr Pellegrini, the budget continues to indebted Slovakia.

We’re going to get into debt

“It simply came to our notice then. On the contrary, we are going to go into debt of more than five billion euros, but we do not see where the money will actually end. The salaries of teachers, soldiers, police officers, firefighters and all state and public employees are not increased. Pensions are not valued as in the past, but will increase by 1.3%. “ stated.

He went on to say that the budget was unacceptable and did not provide any development impulses. “Slovakia is moving even closer to the Greek road with a huge debt and an indication that in 2023-24 the government has no idea how and what measures it will be able to reduce the debt ratio and the deficit rate,” said Pellegrini. The party plans to make amendments to the budget.

Approved budget

On Thursday, the government approved the draft state budget for next year and the public administration budget for the next three years with a comment. According to the proposal submitted by the Ministry of Finance, Slovakia should run a deficit of 4.94% of gross domestic product (GDP) next year. The expected deficit this year is less than 8% of GDP. The change in the original proposal should only be the addition of a resolution in relation to the exercise of shareholder rights of state representatives for dividends.

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Source: TASR

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