The Ministry of Finance has conducted an analysis and completed the groundwork for tax system reorganisation in order to make it more transparent, simple and balanced. We also wish to raise awareness about the need for a new social consensus regarding the reform package and the level of prosperity we are aiming for.

The European Commission has given a preliminary positive assessment of the first payment request for European funding for recovery and resilience. "We have been eagerly awaiting the news that was announced today by Commissioner Gentiloni. I am very pleased that the Commission has given the green light to our first payment request for the Recovery and Resilience Facility," said the Minister of Finance Klemen Boštjančič at a press conference.

The Ministry of Finance of the Republic of Slovenia and the Representation of the European Commission in Slovenia are organising an event EU Economic governance framework reform – finding consensus to ensure sustainability and growth.

Today, on 28 February 2023, the settlement of the liability management transaction, executed on 21 February 2023, took place which consisted of an additional issue of RS85 bonds in the value of EUR 200 million and buying back of RS83 and RS66 bonds.

On the 21st of February 2023, the Republic of Slovenia, rated A3 (stable)/A (stable)/AA- (stable) reopened its 0.4875% October 2050 (Oct-50) by €200mn. The new issue size totalled €1.85bn after reopening.

The Republic of Slovenia announces the cash tender results of the Euro denominated notes of the tender that expired on 20 February 2023.

The Republic of Slovenia, rated A3 (stable) / AA-(stable) / A (stable), has this morning mandated Barclays, BNP Paribas, Deutsche Bank and Erste Group to lead manage a reopening of the SLOREP benchmark due in October 2050. The transaction will be Regulation S in dematerialized registered form.

Announcement of the Republic of Slovenia Cash Tender Offer on EUR denominated Notes

According to preliminary data, the state budget recorded approximately EUR 12.3 billion in revenue in 2022, an increase of just under EUR 1.2 billion, or 10.5%, compared to 2021. Expenditure reached around EUR 13.7 billion, down by EUR 544 million or 3.8% compared to the previous year, while the state budget deficit was just under EUR 1.4 billion.

On Wednesday, 4th January 2023, the Republic of Slovenia, rated A3 (stable) /AA- (stable) /A (stable), successfully entered the markets with a EUR 1.25bn 10-year Reg S Sustainable bond alongside a EUR 250mm tap of the outstanding 3.125 percent bonds due 7 August 2045. This landmark transaction, which included the second and largest Sustainable bond out by Slovenia, makes the Republic of Slovenia the first Sovereign in the region to enter the markets in 2023.

The Republic of Slovenia (the Issuer), rated A3 (stable) / AA- (stable) / A (stable), has mandated BNP Paribas, Citi, Deutsche Bank, Erste Group, Nova KBM and UniCredit as Joint Lead Managers to arrange a Global Investor Call and a series of investor meetings to present the Issuer’s updated Sustainability Bond Framework. BNP Paribas acted as sole sustainability structuring advisor.

Rating agencies S&P and DBRS Morningstar confirmed Slovenia’s credit rating yesterday. S&P confirmed the AA- rating with a stable outlook, while DBRS Morningstar confirmed the A (high) rating, again with a stable outlook. Considering that in recent months rating agencies have downgraded the outlooks for some European countries, the confirmation of the outlook and ratings for Slovenia is proof that it is a solid and trustworthy country.

Speaking at the press conference after the conclusion of the annual IMF Mission to Slovenia’s consultations, Minister Klemen Boštjančič expressed his agreement with its findings.

Yesterday, Fitch affirmed Slovenia's credit rating at A with a stable outlook.

According to preliminary data, the state budget recorded approximately EUR 10.3 billion in revenue in the first ten months of the year, which is EUR 1.3 billion or 14.2% more than in the same period last year. Expenditure decreased by EUR 779 million or 7.3% year-on-year to approximately EUR 10.6 billion, with the budget recording a total deficit of approximately EUR 283 million in the first ten months.

During his visit to Japan from 26 to 31 October 2022, Minister of Finance Klemen Boštjančič met with Secretary of State Takahiro Inoue, with whom he discussed further cooperation between the two countries on the 30th anniversary of diplomatic relations between Slovenia and Japan.

Due to distorted price fluctuations in energy markets, the Ministry of Finance advocates for decisive action and all the enforceable measures in the field of financial markets by means of which regulated trading would be ensured in the event of stressful conditions in the market. On this note, we commend the fact that our ideas are also reflected in the proposals of the European Commission.

We hereby publish the Slovenian Government’s response to a public letter from NGOs concerning the resolution of the housing issue.

The ratings agency Moody's confirmed Slovenia’s credit rating as A3 and maintained its outlook at stable on Friday, 21 October 2022.

One year after the confirmation of Slovenia’s Recovery and Resilience Plan, the Representation of the European Commission in Slovenia, the Slovenian Recovery and Resilience Office, and the Ministry of Infrastructure together with the Slovenian Infrastructure Agency, held the plan’s first annual event, entitled On the Road to a Green Transition. In the morning, the conference participants discussed sustainable mobility and effective energy use, while in the afternoon they had a look at the first results of the project to upgrade the Ljubljana-Divača railway line, which is being financed as part of the plan. The event was also attended by the Head of the Recovery and Resilience Task Force at the European Commission, Céline Gauer, the Finance Minister Klemen Boštjančič, and Minister of Infrastructure Bojan Kumer.