At the end of October, the state budget deficit rose to 335 billion korunas (€13 billion) from 326.3 billion korunas (€12.7 billion) in September, which is the worst October result since the establishment of the Czech Republic. Last year, at the end of October, the deficit was 274 billion korunas (€10.7 billion). At the end […]
The Czech Republic´s government budget surplus equals CZK 2.9 billion, which is the second best result since 1996, Finance Minister Alena Schillerová announced yesterday. The surplus resulted from greater tax and social insurance collections, thanks to the booming economy and wage growth.
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