Government approves 2022 draft state budget

The Czech government on Wednesday unanimously approved the draft state budget for 2022, Finance Minister Zbyněk Stanjura announced on Twitter. The draft budget envisages a deficit of CZK 280 billion, with revenues projected at CZK 1 613.2 and expenditures at CZK 1,893.2 billion. The budget must now be approved by the Chamber of Deputies, which is expected to discuss it in its first reading on February 18. The government plans to approve the budget in the Lower House by the end of March so that the state can operate on the new budget as of April.