The cabinet set the upper limits for individual departments, which now have until 29 August to draft their financial plans for the two periods. They will then enter talks with the Finance Ministry, after which the government is expected to confirm the final draft of the two-year budget and send the document to the National Assembly in September. Speaking to the press after the government session, Finance Minister Andrej Bertoncelj admitted that there had been EUR 600 million worth of additional requests and wishes, but that the government had decided unanimously to stay within the set framework. Announcing today’s session, the Government Communication Office noted that this was the highest amount of expenditure in Slovenia’s history, which would enable the government to pursue its priorities while securing balanced budgets in the medium term. Capped in April by the National Assembly at EUR 10.45 billion, the expenditure for 2020 is EUR 290 million higher than in 2019. Bertoncelj said that the cabined had pursued three key priorities – development, welfare and wages, bearing in mind both welfare and stability. He added that the fiscal rule had been fully respected. According to the minister, the negotiations were not easy. “We said a… Read full this story
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