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Public deficit, debt narrow in second quarter

Slovenia’s public finances improved significantly in the second quarter of 2021 due to faster economic growth and higher revenue.

The general government deficit narrowed to 5.8% of GDP from 8.3% in the first quarter, whereas consolidated debt was down by six percentage points to 80% of GDP, show Statistics Office data. Overall revenue growth outpaced expenditure growth on robust tax revenue, which increased by almost 20%.

By: J.S., STA

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