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Sep 25, 2023 09:39 EEST
September 25 (SeeNews) - Slovenia's government budget allocations for research and development (GBARD) reached a record-high 306.8 million euro ($326.6 million) in 2022, up 16.1% on an annual basis, the country's statistical institute said.
The GBARD in Slovenia exceeded 300 million euro for the first time ever and its share of gross domestic product (GDP) went up to 0.54% in 2022 from 0.51% in the previous year, the statistical office said in a statement on Friday.
Slovenia provided 97.6 million euro funding to research and development (R&D) in the field of natural sciences and 89 million euro to engineering and technology, which together accounted for 60.8% of total GBARD in 2022, while the least, 23 million euro, was delivered to agricultural sciences, the statistical office said.
The government expects GBARD in 2023 to exceed 400 million euro, 30.5% than the spending last year, with the priority sectors remaining unchanged.
($ = 0.93941 euro)
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