{"id":34209,"date":"2026-09-01T09:03:48","date_gmt":"2026-09-01T07:03:48","guid":{"rendered":"https:\/\/www.rrz.sk\/?p=34209"},"modified":"2026-09-22T10:00:11","modified_gmt":"2026-09-22T08:00:11","slug":"budgetary-traffic-light-2026-08","status":"publish","type":"post","link":"https:\/\/www.rrz.sk\/en\/budgetary-traffic-light-2026-08\/","title":{"rendered":"The estimated deficit for 2026 remains almost unchanged; the budget target may be exceeded by 0.3 % of GDP (EUR 409 million) (Budgetary Traffic Light August 2026)"},"content":{"rendered":"<p>Council for Budget Responsibility (CBR) estimates the 2026 general government (GG) deficit at 4.4 % of GDP<img loading=\"lazy\" decoding=\"async\" width=\"1052\" height=\"378\" class=\"alignnone size-full wp-image-34210\" src=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/08\/rs_202608_banner_EN.png\" alt=\"\" srcset=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/08\/rs_202608_banner_EN.png 1052w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/08\/rs_202608_banner_EN-300x108.png 300w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/08\/rs_202608_banner_EN-1024x368.png 1024w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/08\/rs_202608_banner_EN-768x276.png 768w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/08\/rs_202608_banner_EN-480x172.png 480w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2026\/08\/rs_202608_banner_EN-992x356.png 992w\" sizes=\"auto, (max-width: 1052px) 100vw, 1052px\" \/><\/p>\n<ul>\n<li>CBR has slightly increased its estimate of the 2026 GG deficit. Compared with the July forecast, the expected deficit has slightly increased by EUR 20 million mainly due to higher estimated expenditure on energy support.<\/li>\n<li><strong>According to the CBR, the 2026 deficit could reach 4.4 % of GDP (EUR 6.3 billion)<\/strong>, if the government does not adopt additional measures. <strong>This represents a negative deviation of 0.3 % of GDP (EUR 409 million) from the approved budget amounts<\/strong>, indicating a medium level of risk that the public deficit will exceed the government\u2019s objective.<\/li>\n<li>Compared to the government&#8217;s estimate published in a mid-August report on expected budget outcome, the level of the CBR deficit forecast is almost identical (the difference amounts to EUR 43 million, as the CBR forecasting a lower deficit than the government).<\/li>\n<li><strong>The most significant negative deviation in the CBR forecast compared to the budget comes from higher expenditures of local governments, amounting to 0.4 % of GDP (EUR 501 million).<\/strong> These expenditures are underestimated in the budget, reflecting this year\u2019s local elections. The CBR identifies further risks relative to the budget in lower taxes and social and healthcare contributions, particularly in lower expected revenue from CIT and VAT.<\/li>\n<li>On the other hand, the most significant positive impact on the GG balance compared to the budget comes from the better financial performance of other GG entities, mainly public transport companies and Slovak Railway Company.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Council for Budget Responsibility (CBR) estimates the 2026 general government (GG) deficit at 4.4 % of GDP CBR has slightly increased its estimate of the 2026 GG deficit. Compared with the July forecast, the expected deficit has slightly increased by EUR 20 million mainly due to higher estimated expenditure on energy support. According to the [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","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-34209","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 remains almost unchanged; the budget target may be exceeded by 0.3 % of GDP (EUR 409 million) (Budgetary Traffic Light August 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-2026-08\/\" \/>\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 remains almost unchanged; the budget target may be exceeded by 0.3 % of GDP (EUR 409 million) (Budgetary Traffic Light August 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 4.4 % of GDP CBR has slightly increased its estimate of the 2026 GG deficit. Compared with the July forecast, the expected deficit has slightly increased by EUR 20 million mainly due to higher estimated expenditure on energy support. 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