Fiscal space

And then the sales tax collections for Q1 this year rose by 35.8% to $7 billion.

So that itself perhaps provided some headroom, some fiscal space that would allow the government to navigate and perhaps to allow some degree of freedom in terms of introducing measures to alleviate the cost of living among our societies and the business community.

That's the context I'm looking at at the moment.

So Nizam, do you then expect perhaps a more expansionary and quote-unquote rakyat-centric budget for 2037?

Several parties have pointed out that the meeting took place on a day when a Russian attack on Ukraine left 13 people killed and dozens more injured.

Rising debt has used up much of Slovakia's fiscal space, meaning the next economic crisis could be more painful.

That is the conclusion of a new report, Fiscal Space of Slovakia 2026, presented by the Council for Budget Responsibility.

Slovakia's public debt reached almost 61.5% of GDP last year, the Council considers a debt level below 50% of GDP to be safe.

A total of 612 Slovaks went bankrupt in July 2026, the highest figure seen so far this year and the highest since October 2025.

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Topical Issue

Rising debt has used up much of Slovakia's fiscal space, meaning the next economic crisis could be more painful.

That is the conclusion of a new report, Fiscal Space of Slovakia 2026, presented by the Council for Budget Responsibility.