Government has a reform plan, will discuss it by April 2021

The Finance Ministry published the long-awaited reform plan Modern and Successful Slovakia, a base for drawing money from the EU Economic Recovery Fund. The government aspires to avoid the middle-income trap and push Slovakia’s GDP per capita from 74% of the EU average in 2019 to 92% in 2030. The plan is divided into eight areas: fiscal reforms; green economy; labor market; education, science and innovations; health; public institutions and regulation; and digitization. The final plan must be submitted to the European Commission by April 30, 2021, and the government will hold a public discussion before then. The plan includes a broad array of reforms that would cost €32bn to implement; the EU will provide €7.5bn. (

The government is likely to implement an already prepared pension reform, and judicial reform has already been okayed by the cabinet. It is also likely to implement some green economy policies as it can copy the best practices from other EU countries. eGovernment reform will also top the list as Slovakia is a laggard in the area and the team of Veronika Remišová (Za ľudí) has enough money and a big potential.


Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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