Prime Minister Robert Fico repeated that the government and local governments are not obliged to prepare balanced budgets for next year. He claims he considers the matter resolved, citing an exemption from the debt brake sanctions. Telex ↗
According to available information, the exemption is said to apply because Slovakia's expenditures related to fulfilling international treaties exceed three percent of gross domestic product. Fico thereby followed up on statements about the state of public finances, in which he also argued that Slovakia's public debt reached 62.5 percent of GDP in the first quarter. Deutschlandfunk ↗
The budget discussion was supplemented by the question of financing large healthcare construction projects. Fico said that the new hospital in Martin needs 200 million euros from the state budget next year, and the new hospital in Banská Bystrica needs 100 million euros. In preparing the budget, the government wants to allocate a total of 300 million euros to continue construction, and the prime minister announced that this would be discussed within the coalition. domov.sme.sk ↗
New information also expanded the economic agenda to include the revival of aluminum production. Fico announced that August should mark the start of the process of restarting the furnaces of the Slovalco company in Žiar nad Hronom. At the same time, he declared Slovakia's readiness to help Hungary with electricity if the shutdown of the Paks nuclear power plant were to cause an energy crisis. ta3.com ↗
At the same time, the government continues to link investments from the United Arab Emirates with ports, irrigation, and spas. The opposition is drawing attention to public-private projects involving non-functional irrigation and the question of control over water. Further developments will show how the cabinet translates these topics into the budget and economic policy. SITA ↗
Fico expanded budget topics to include energy and Slovalco
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This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (3)
Pece Slovalca by sa mali znovu spustiť už v auguste, avizuje Fico
pravda.sk
| 09:35 02.08.
Ekonomický newsfilter: Vláda vidí v obnove závlah šancu na ďalší veľký kšeft
dennikn.sk
| 07:21 03.08.
PS upozorňuje na riešenie nefunkčného zavlažovania, kontrolu nad vodou má dostať arabský šejk – VIDEO
SITA
| 15:19 31.07.
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