Czech parliament approves raising 2022 state budget deficit to 375 billion crowns

Posted on October 18, 2022Comments Off on Czech parliament approves raising 2022 state budget deficit to 375 billion crowns
© Reuters.

PRAGUE (Reuters) – The Czech parliament approved on Tuesday raising this year’s state budget deficit to 375 billion crowns ($15.03 billion) as the government seeks extra funding to help people and companies cope with soaring energy prices.

The budget deficit rises from 280 billion crowns originally planned by the centre-right government which had pledged to gradually cut the deficits from levels run by its predecessors.

($1 = 24.9490 Czech crowns)

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Comments Off on Czech parliament approves raising 2022 state budget deficit to 375 billion crowns