The government decided to pay a one-time allowance of €333 per child to families in material need.
According to Slovak Labour Minister Milan Krajniak, the first wave of support will target 45,000 children. Families should receive the money by the summer.
In autumn, the second and third wave of support, targeting 150,000 and 200,000 children respectively, should be granted, depending on the impact of the pandemic.
This move comes only a week after the former prime minister and current Finance Minister Igor Matovič announced his tax reform, which would also encapsulate child allowances.
Matovič wants to raise the child allowance to €200 per month and simplify the system by establishing a single tax, which according to experts would cost about €2.5 billion. Matovič admitted that the government may need to raise the tax on VAT to finance the tax reform proposal. (Michal Hudec | EURACTIV.sk)