Final reading on 2024 state budget kicks off in Chamber of Deputies

A third and final debate on next year’s state budget began in the Czech Chamber of Deputies on Wednesday. The budget for 2024 envisages a deficit of CZK 252 billion, which is CZK 43 billion less than this year’s approved deficit.

During the approval process, deputies will decide on hundreds of proposals for transfers within the already agreed budget parameters; these total over CZK 200 billion, which is about 10 percent of overall planned spending.

The governing coalition have a firm majority in the lower house, making the vote a formality.