Slovak Chamber of Commerce criticizes 2027–2029 state budget

The Slovak Chamber of Commerce and Industry (SOPK) has issued a critical assessment of the proposed public administration budget for the years 2027 to 2029. The Chamber expressed concerns regarding the government's fiscal philosophy and its impact on the quality of business conditions in Slovakia.

SOPK noted that the budget appears to exhibit characteristics of pre-election spending, driven by the upcoming 2027 elections. While social benefits such as thirteenth pensions and energy assistance help maintain living standards, the Chamber warned these are being funded through increased national debt rather than public revenue, rather than through measures to reduce the deficit or stabilize debt.

Furthermore, the Chamber criticized the lack of consultation with the business sector during the preparation process, similar to previous consolidation packages. It also highlighted that the opportunity for the Economic and Social Council to review the budget was unacceptably shortened.