President inks amendment to state budget law

President Zuzana Caputova on Friday signed an amendment to the 2021 state budget law passed by Parliament last week, her spokesman Martin Strizinec told TASR. In line with the amendment, the expenditures side of the budget will be hiked by 3.74 billion and thus reach 27.6 billion. Originally, expenditures should only have been increased by less than 3.4 billion. In the same proportion the planned budget deficit will increase from less than 8.1 billion to as much as 11.8 billion. The so-called COVID-19 reserve will be enlarged by an additional 294.9 million, i.e. by 2.7 billion in total. Individual items in this category have been adjusted as well.