By: J.S., STA
Slovenia had a budget deficit of EUR 3.5 billion last year, according to preliminary data from the Finance Ministry, which is considerably below the deficit predicted in the annual budget.
Total budget revenue declined by just over 10% year-on-year to EUR 9.08 billion, whereas expenditure surged by nearly 27% to EUR 12.56 billion.
Taxes and levies down 7% in 2020 due to epidemic
The Financial Administration (FURS) collected EUR 16.3 billion in taxes and other levies last year, according to preliminary data, which is EUR 1.3 billion or 7.3% less than the year before. Virtually all types of revenue were down, mainly because of measures related to the epidemic.