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Friday, April 26, 2024

Budgets for 2021-2022 passed, bringing record expenditure and investments

By: P.T., STA

Parliament passed late on Wednesday the budgets for 2021 and 2022, which bring expenditure of EUR 13.5 billion and EUR 12.6 billion, respectively, and record investments amid the coronavirus pandemic.

The opposition expressed concern over how increasing expenditure would be financed and the debt, raised to fund stimulus measures, repaid even if the deficit is to fall gradually. Around EUR 2 billion will be spent on investment in 2021 and in 2022, with Finance Minister Andrej Šircelj stressing “Slovenia has never before invested that much”.

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