Evaluation of Compliance with the balanced Budget Rule

Title
Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2023 (Summary)
  • 30. 8. 2024
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Title_Pravidla
Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2022 (Summary)
  • 31. 8. 2023
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Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2021 (Summary)
The key objective of fiscal responsibility is to achieve sustainable public finances. The protection of long-term sustainability of Slovakia’s economic performance taking into account the compliance with the principles of transparency and effectiveness of public spending was enshrined in an amendment to the Constitution of the Slovak Republic in 2020.
  • 29. 9. 2022
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Evaluation of compliance with the balanced budget rule in 2020 (Summary)
  • 31. 1. 2022
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Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2020 (Summary)
  • 6. 10. 2021
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Evaluation of compliance with the balanced budget rule in 2020
  • 27. 8. 2021
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Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2019
The general government gross-debt-to-GDP ratio continued to decline throughout 2019. In April 2020, Eurostat released gross debt data for 2019 at just below 48.0 % of GDP , i.e., the debt has dropped below the sanction brackets specified by the constitutional act.
  • 28. 8. 2020
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Evaluation of Compliance with the Balanced Budget Rule in 2019
The government’s medium-term budgetary objective was to achieve a balanced budget in the form of a structural deficit not exceeding 0.5 % of GDP by 2019.
  • 23. 7. 2020
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Evaluation of compliance with the balanced budget rule in 2018
The Ministry of Finance of the Slovak Republic (the Ministry) published an evaluation of compliance with the balanced budget rule for 2018 on 29 November 2019, reporting a significant deviation from the required adjustment path towards the medium-term budgetary objective.
  • 22. 7. 2019
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Evaluation of compliance with the balanced budget rule in 2017
The 2017 general government’s structural deficit reached 1.02 % of GDP, which means that the medium–term objective of having a close to balanced budget (structural deficit of not more than 0.5 % of GDP) was not met so far.
  • 20. 7. 2018
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Evaluation of Compliance with the Balanced Budget Rule in 2016
The 2016 general government structural deficit reached 1.89 % of GDP, which means that medium–term objective of having a close to balanced budget (structural deficit up to 0.5 % of GDP) was not met.
  • 17. 7. 2017
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Evaluation of compliance with the balanced budget rule in 2015
The structural deficit of the general government in 2015 reached 2.7 % of GDP and increased for the second year in a row. Thus the medium-term objective of attaining a nearly balanced budget (structural deficit up to 0.5 % of GDP) was not achieved.
  • 1. 8. 2016
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Evaluation of compliance with the balanced budget rule in 2014
The general government structural deficit in 2014 reached 2.8 % of GDP, up 0.4 % of GDP year-on-year. Thus the medium-term objective of attaining a nearly balanced budget (structural deficit up to 0.5 % of GDP) was not achieved.
  • 16. 7. 2015
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Evaluation of compliance with the balanced budget rule in 2013
According to CBR estimates, Slovakia’s general government structural deficit reached 3.0% of GDP in 2013, having improved by 1.9% of GDP year-on-year.
  • 15. 7. 2014
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