Finance Ministry submits 2024 draft budget to cabinet

The Finance Ministry has submitted to the government a state budget proposal for 2024 with a deficit of CZK 252 billion. According to the draft, revenues should be CZK 1.921 trillion, down 0.3 percent year-on-year. Expenditure should fall by 2.2 percent to CZK 2.173 trillion. This year the projected deficit is CZK 295 billion, down from CZK 360.4 billion the previous year. The cabinet will now discuss the draft and should present it to Parliament by the end of September.