April 23, 2020 / 12:47 PM / a month ago

Slovakia's tax revenue seen falling 6.9% in 2020 -Finance Ministry

PRAGUE, April 23 (Reuters) - Slovakia’s tax revenue is seen falling by 6.9% in 2020 because of the coronavirus outbreak and only a slow rebound can be expected in 2021, the Finance Ministry’s Institute for Financial Policy (IFR) said on Thursday.

Slovakia’s finance minister has said the country is set to face a record budget shortfall in 2020 as the outbreak sends the economy into a sharp contraction. (Reporting by Jason Hovet; Editing by Alison Williams)

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