Czechia's 2022 Budget Ends With Huge Deficit
The Czech Republic's state budget ended 2022 with a deficit of CZK 360.4 billion (EUR 14.97 billion), the third worst result in the country's history, Finance Minister Zbyněk Stanjura said on Tuesday.
The government originally planned a deficit of CZK 280 billion, but amended the state budget to CZK 375 billion in the fall due to unexpected expenditures, including pension hikes, an energy-saving tariff for households, and increased social benefits.
Last year, Czechia saw a deficit of CZK 419.7 billion, while this year the state plans to run a deficit of CZK 295 billion.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
