Slovakia's Budget Deficit Worsens by 29% in March Compared to Previous Year

Slovakia's state budget deficit deteriorated by 29% in March compared to the same period last year, according to the Finance Ministry. State budget revenues at the end of March were 0.9% lower than in the corresponding period of the previous year. The worsening fiscal position reflects ongoing challenges in Slovakia's public finances, as the government grapples with revenue shortfalls amid broader economic pressures. The deficit increase indicates that government spending continued to outpace income generation, putting additional strain on the country's fiscal stability.