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Peter Kažimír is the Minister of the Year for the second time

Last update: 14.10.2018 08:25

Peter Kažimír is the Finance Minister of the Year 2018 for the second time in the last 10 months, this time for Central and Eastern Europe. Following The Banker magazine, which is part of the Financial Times group, GlobalMarkets magazine awarded him for his accomplishments as Finance Minister of the Slovak Republic.

The committee picking the winner praised first and foremost the accomplishments of the Slovak economy over recent years, emphasizing its progress in the consolidation of public finances.

“Since Peter Kažimír became Finance Minister in 2012, he stabilised the economy of Slovakia, which has become one of the best in the region. The Slovak economy has one of the lowest deficits in the countries of Central and Eastern Europe and the International Monetary Fund predicts growth of 4 percent this year and of 4.2 percent next year for the Slovak economy,” GlobalMarkets pointed out.

The award was accepted by Deputy Prime Minister and Finance Minister, Peter Kažimír, at the annual meeting of the International Monetary Fund and World Bank in Nusa Dua, Indonesia.

“I am really glad and pleased on behalf of the entire team. The recovery of public finances and their sustainability is a priority for us and I am sincerely pleased about our results being noticed abroad. Therefore, I would like to thank all who have contributed to this outcome now as in the past,” Peter Kažimír said when accepting the award.

“It's only a few days since the Government approved the government budget for the next three years, which reaffirms our efforts to achieve a balanced budget in 2020 as we have planned,” Kažimír added.

Besides Peter Kažimír, the award has been given to Sri Mulyani Indrawati, Indonesian Minister, Ravi Menon, Singapore’s Central Bank Governor, and his peer Boris Vujčić, Croatian National Bank Governor.

For almost thirty years, GlobalMarkets, which is part of the Euromoney group, has been providing its readers, on a quarterly basis, with information about news on the annual meetings of the International Monetary Fund, World Bank, European Bank for Reconstruction and Development, and other important global institutions.

Press Department
Ministry of Finance of the Slovak Republic