FACTBOX-Summary of Slovak 2007 state budget draft

    Oct 11 (Reuters) - The Slovak government approved the 2007 
state budget draft on Wednesday, setting the ceiling for the key 
public finance deficit at 2.9 percent of GDP. 
    Following is a summary of the fiscal plan for 2007. 
KEY DATA 
CENTRAL STATE BUDGET: 
                               2006      2007     2008    2009 
(SKK bln) 
(local cash-flow methodology) 
 Revenues                      272.7     308.1    326.3   352.4 
 Expenditure                   330.2     347.0    349.7   366.1 
 Balance                       -57.5     -38.9    -23.4   -13.7 
 Balance (ESA 95)              -69.0     -32.2    -48.6    43.9 
  
PUBLIC SECTOR BUDGET           2006     2007     2008     2009 
(SKK bln) 
(ESA 95) 
 Revenues                      564.0    601.7    630.9    672.8 
 Expenditure                   608.4    654.3    677.6    712.4 
 Balance                       -44.4    -52.6    -46.7    -39.6 
 Balance (pct of GDP)           -2.9     -2.9     -2.4     -1.9 
     
 NOTE: 
 - The revenue and expenditure data for the central state budget 
are calculated according to local cash-flow methodology. 
 - The key figure for Slovakia's target to adopt the euro in 
2009 is the overall public finance deficit calculated according 
to the European Union's ESA 95 methodology. 
 - The cash-flow methodology takes in revenues and expenditures 
when money arrive or leave the state accounts, while the accrual 
ESA 95 method includes revenues and expenditures immediately as 
they occur. 
 - The central budget is the major part of public finances. The 
overall public finance deficit ceiling for 2006, including the 
cost of pension system reform, was set at 4.2 percent of 
GDP. 
 - The calculated cost of the pension reform is 1.1 percent of 
GDP in 2007 
 - Slovakia joined the Exchange Rate Mechanism 2 (ERM-2), a form 
of waiting room ahead of euro adoption, in November 2005, with 
the crown's central parity rate set at 38.4550 to the euro. 
 (Reporting by Martin Santa in Bratislava) 
 ((Editing by Stephen Nisbet; martin.santa@reuters.com; Reuters 
Messaging: martin.santa.reuters.com@reuters.net; +421-2 5341 
8402)) 
  Keywords: ECONOMY SLOVAKIA BUDGET FACTBOX