Slovakia: Budget plan for 2022 overall unrealistic, deficit to come higher than planned

Deficit target set at 4.94% of GDP, could have been lower in view of expected to speed up GDP growth, revenue growth far exceeding planned spending growth

Targeted budget deficit may be lower at 4.3% of GDP as FinMin Matovic conditioned higher gap on adoption of key laws, there is disagreement within coalition

Downside risks to macroeconomic forecast, those stemming from pandemic prevail - deficit likely to be much higher