Government approves draft budget for 2024

The government has approved a preliminary draft of the state budget for 2024 with a deficit of CZK 235 billion, Finance Minister Zbyněk Stanjura revealed after the cabinet meeting on Wednesday. The draft budget envisages revenues of CZK 1.899 trillion and expenditures of CZK 2.134 trillion.

According to Prime Minister Petr Fiala, the figure was not final and will range between the CZK 235 billion approved on Wednesday and the CZK 270 billion the government set last week as a ceiling for the deficit.