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Prime Minister Fico has defined as a key priority of his Government the implementation of a programme for social stability, aiming at alleviating the impacts of the crisis and establishing long-term goals for the economic, social, environmental and technological development of Slovakia, said OECD Secretary-General.
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The Slovak Republic is one of the most dynamic economies in the euro area. The country has continued to converge rapidly towards the living standards of advanced OECD economies. However, the Slovak Republic should continue on its path of reform to achieve balanced, fair and sustainable growth, according to a new OECD report.
Due to the rapidly changing world we need to be focused on tackling the social consequences of the crisis, fight poverty and social exclusion, exploiting in particular the potential of a green economy to promote growth and competitiveness. We are inspired by the OECD work in all these areas, said the Prime Minister of the Slovak Republic to the OECD Council.
H.E. Róbert Fico, Prime Minister of the Slovak Republic, visited the OECD on 11th April to address the OECD Council and to hold a Lunch Seminar on Slovakia’s reform agenda with the Secretary-General, Mr. Angel Gurría, and OECD experts.
The priority for the Slovak Republic is to restore the sustainability of public finances while ensuring the prioritisation of funding for spending programmes which are important for growth, such as education and active labour market policies.
Is growth possible in all OECD regions? Evidence suggests that it is. This report argues that helping underdeveloped regions to catch up with more developed ones will have a positive impact on a country’s national growth overall, and that such growth helps to build a fairer society, in which no region’s citizens are left behind.
The Slovak Republic recovered strongly from the global economic crisis and is weathering well the storm that has struck its main European trading partners. The challenges going forward will be restoring public finances while driving down unemployment and fostering long-term inclusive growth, says the latest Economic Survey.
Secretary-General Angel Gurría will present the OECD 2012 Economic Survey of the Slovak Republic during his official visit to Bratislava on 6 December.
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Education at a Glance 2012: Key facts - Slovak Republic
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Total health spending accounted for 9.0% of GDP in the Slovak Republic in 2010, slightly lower than the average of 9.5% in OECD countries.