Slovenia cuts budget deficit in 2023 but sees it up in 2024

LJUBLJANA, Sept. 25 (Xinhua) -- Slovenia managed to cut the general government deficit in 2023 to 1.6 billion euros (1.78 billion U.S. dollars) or 2.6 percent of gross domestic product (GDP), down from a deficit of 3 percent of GDP in 2022, the country's Statistical Office said on Wednesday.

The deficit fell due to a 10.6 percent increase in government income amid high employment and a solid economic growth of 2