Finance Ministry to allocate CZK 30 billion this year to deal with flood damage

The Ministry of Finance will prepare an amendment to this year's budget and will allocate CZK 30 billion to help deal with the damage caused by the September floods, the ctk news agency reported on Thursday citing ministry sources. This will increase the deficit in public spending to CZK 282 billion. In the 2025 draft budget, which is yet to be debated in Parliament, it will allocate another CZK 10 billion for reconstruction.