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The debt-to-GDP ratio reached 50.5%, up from 47.3% at the end of 2022. The ratio, as published by the finance ministry (to be revised after the publication of Q3 GDP data), marks a new record for the country’s indebtedness.
Updated GDP as of the end of September will dilute the ratio to perhaps just under 50%.
Romania’s public debt already increased in the first three quarters of 2023 more than it increased in the entire 2022 or 2021.
6.10 Budget and debt - Serbia
6.11 Budget and debt - Slovenia
DETAILS OF BUDGET FOR COMING YEAR
ESTIMATES OF DEFICIT
HOW WILL BUDGET BE FUNDED? AID IMF BONDS TAX
The draft state budget amendment for 2024 foresees €14bn in revenue and €16.2bn in expenditure. The projected budget deficit will stand at €2.2bn or 3.3% of GDP.
The borrowing limit for the state budget in 2024 is established at €4.66 billion.
The primary focus for the upcoming two years is to fund initiatives addressing the aftermath of the floods experienced in August 2023.
According to the European Commission, Slovenia’s public debt-to-GDP ratio is anticipated to persistently decrease, reaching 69.3% in 2023, followed by further declines to 68.4% in 2024 and 67.9% in 2025. This
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