Slovenia targets budget surplus of 0.1% of GDP in 2018, 2019

State budget revenues for 2018 are forecast in the amount of 9.68 billion euro ($11.4 billion), while expenditure are seen at 9.63 billion euro, yielding a surplus of 50.9 million euro, the government said in a statement late on Thursday.

Under the amendments, revenues are 4.4% higher than the sum originally projected in the 2018 budget bill, while expenditures have edged up 0.6%.

In 2019, revenues are planned to reach 9.75 billion euro, which is 0.8% higher than in the proposed budget amendments for 2018. Expenditures in 2019 are forecast at 9.70 billion euro, up 0.7% on the planned 2018 figure.

A budget surplus of 53.8 million euro is envisioned in 2019, equivalent to 0.1% of GDP.

In the structure of state budget expenditures, education and sport, pension security and social security are planned to receive 3.9 billion euro cumulatively in both years (30.6% in 2018 and 30.2% in 2019).

The largest increases in expenditure are planned in the following areas: transport and transport infrastructure, science and the information society, healthcare, and entrepreneurship and competitiveness.

In November last year, Slovenia forecast a budget deficit of 0.7% of GDP in 2018.

($=0.847366 euro)