Slovak FinMin sees higher fiscal gap in 2006

02.11.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

BRATISLAVA, Nov 2 (Reuters) - The Slovak finance ministry expects the public finance deficit to reach 2.5 percent of gross domestic product in 2006, up from a previous estimate of 2.2 percent, a ministry document said on Thursday.

The approved fiscal gap ceiling for 2006 is 2.9 percent of GDP. The figure excludes pension reform costs, seen at 1.1 percent of GDP this year, down from a previous estimate of 1.3 percent of GDP.

The document was an updated report on macroeconomic and fiscal developments the ministry plans to submit to the government.

((Reporting by Martin Dokoupil, editing by Alan Crosby; Reuters Messaging: martin.dokoupil.reuters.com@reuters.net; +421 5341 8402))

Keywords: ECONOMY SLOVAKIA FINMIN

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