Report on the Long-term Sustainability of Public Finances (April 2014)

Report on the Long-term Sustainability of Public Finances (April 2014)
The year 2013 was yet another year of improvement in the long-term sustainability of public finances in Slovakia. This was mainly due to the reduction of general government deficit compared to 2012, even after adjustment for temporary effects. The consolidation, along with the reform of the pension scheme of the armed forces and police corps, improved the long-term sustainability indicator last year to 3 % of GDP against 4 % of GDP in 2012.

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