Government reaches agreement on fourth supplementary budget proposal for 2020

The increase in appropriations in the fourth supplementary budget proposal for 2020 is approximately EUR 4.1 billion and the decrease in revenue is approximately EUR 1.2 billion. The need for central government net borrowing would increase by about EUR 5.3 billion. This means that overall central government net borrowing would be approximately EUR 18.8 billion in 2020.

The fourth supplementary budget proposal for 2020 will be submitted to Parliament on Friday 5 June 2020.

The government’s press release >

, Updated 3.6.2020 at 15:04