The Ministry of Finance is preparing a budget with a deficit of up to 3% on an accrual basis, confirmed Deputy Minister Martin Danovski.
This is a key indicator of the Maastricht Treaty criteria necessary for our country to enter the Eurozone.
When asked by the BNR whether there is already clarity on the main parameters of the financial framework for next year, such as the size of the debt, the deficit, economic growth and expected inflation, Danovski replied:
"We have such a main task - to preserve these key parameters and we are working hard for this. Especially those that are key to achieving our membership in the Eurozone. All the parameters laid down in the Law on the State Budget must be respected.
At the moment, our country does not meet only the price stability criterion - i.e. inflation is higher than needed to join the Eurozone.