{"id":33372,"date":"2026-05-29T08:54:28","date_gmt":"2026-05-29T06:54:28","guid":{"rendered":"https:\/\/www.rrz.sk\/?p=33372"},"modified":"2026-05-29T08:54:28","modified_gmt":"2026-05-29T06:54:28","slug":"budgetary-traffic-light-2026-05","status":"publish","type":"post","link":"https:\/\/www.rrz.sk\/en\/budgetary-traffic-light-2026-05\/","title":{"rendered":"The estimated deficit for 2026 decreased slightly; nevertheless, the budget target may be exceeded by 0.2 % of GDP (EUR 248 million) (Budgetary Traffic Light May 2026)"},"content":{"rendered":"<p>Council for Budget Responsibility (CBR) estimates the 2026 general government (GG) deficit at 4.3 % of GDP<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1053\" height=\"383\" class=\"alignnone size-full wp-image-33373\" src=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/05\/rs_202605_banner_EN.png\" alt=\"\" srcset=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/05\/rs_202605_banner_EN.png 1053w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/05\/rs_202605_banner_EN-300x109.png 300w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/05\/rs_202605_banner_EN-1024x372.png 1024w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/05\/rs_202605_banner_EN-768x279.png 768w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/05\/rs_202605_banner_EN-480x175.png 480w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/05\/rs_202605_banner_EN-992x361.png 992w\" sizes=\"auto, (max-width: 1053px) 100vw, 1053px\" \/><\/p>\n<ul>\n<li>CBR has slightly decreased the estimated level of GG deficit in 2026. Compared with the April forecast, the expected deficit has decreased by EUR 46 million mainly due to reduced shortfall in estimated tax and social contribution revenues.<\/li>\n<li><strong>According to the CBR, the 2026 deficit can reach the level of 4.3 % of GDP (EUR 6.1 bn.)<\/strong>, under the assumption that the government does not take additional measures. <strong>Negative deviation from the approved budget amounts to 0.2 % of GDP (EUR 248 million)<\/strong>, which means the medium-level risk of the public deficit level exceeding the government objective.<\/li>\n<li>Compared to the government&#8217;s estimate published in the Annual Progress Report 2026 for Slovakia, the level of the CBR deficit forecast is lower by 0.1 % of GDP (EUR 97 million) mainly due to better estimated financial performance of other GG entities.<\/li>\n<li><strong>The most significant negative deviation in the CBR forecast compared to the budget is the shortfall in taxes and social and healthcare contributions amounting to 0.4 % of GDP (EUR 635 million)<\/strong>, mainly due to lower-than-expected VAT and CIT. The shortfall compared to the budget is mainly caused by less favorable economic development than was originally assumed in the budget. Slower growth in household consumption will reduce VAT revenues and lower nominal wages are pushing down social contributions and labor taxes.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Council for Budget Responsibility (CBR) estimates the 2026 general government (GG) deficit at 4.3 % of GDP CBR has slightly decreased the estimated level of GG deficit in 2026. Compared with the April forecast, the expected deficit has decreased by EUR 46 million mainly due to reduced shortfall in estimated tax and social contribution revenues. [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"h5ap_radio_sources":[],"footnotes":""},"categories":[136,135,144,158],"tags":[117,116,219],"class_list":["post-33372","post","type-post","status-publish","format-standard","hentry","category-budget","category-fiscal","category-issued-2022","category-publications","tag-budgetary-traffic-lights","tag-fiscal-forecasts","tag-general-government-budget"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The estimated deficit for 2026 decreased slightly; nevertheless, the budget target may be exceeded by 0.2 % of GDP (EUR 248 million) (Budgetary Traffic Light May 2026) - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rrz.sk\/en\/budgetary-traffic-light-2026-05\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The estimated deficit for 2026 decreased slightly; nevertheless, the budget target may be exceeded by 0.2 % of GDP (EUR 248 million) (Budgetary Traffic Light May 2026) - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165\" \/>\n<meta property=\"og:description\" content=\"Council for Budget Responsibility (CBR) estimates the 2026 general government (GG) deficit at 4.3 % of GDP CBR has slightly decreased the estimated level of GG deficit in 2026. Compared with the April forecast, the expected deficit has decreased by EUR 46 million mainly due to reduced shortfall in estimated tax and social contribution revenues. 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