Slovenia posts lowest deficit, debt levels in five years


LJUBLJANA, March 31 (Xinhua) -- Slovenia's budget deficit and public debt in 2024 fell to their lowest levels in the past five years, the country's statistical office said on Monday.

According to the office, the general government deficit dropped to 0.9 percent of gross domestic product (GDP), down from 2.6 percent in 2023. The result was significantly better than earlier forecasts, partly due to increased government revenue driven by high employment and favorable economic growth, which reached 1.6 percent last year.

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