Budget surplus for Slovenia, fiscal consolidation faster than initially planned

Budget surplus for Slovenia, fiscal consolidation faster than initially planned

The Slovenian Finance ministry announced that it recorded a budget surplus of 180.9 million euro ($210.6 million) in the first half of 2018, whereas for the whole year, expert analysts foresee a 51-million-euro surplus as the relevant report reads, which was released by the government on Thursday. It should be noted that the ministry did not provide a comparative figure.

More specifically, the statement informed that the total budget revenues increased 4.4% year-on-year to 4.75 billion euro in the first six months of 2018, while expenditures rose by 1.8% to 4.57 billion euros.

According to estimates, if the trend continues, the surplus is projected to reach 227 million at the end of 2018, while seenews.com writes that revenues are predicted at 9.71 billion euro and expenditures at 9.48 billion euro… / IBNA