Government ready to increase budget deficit due to floods

The Czech government is ready to increase the deficit of the state budget in order to help people affected by the floods, Deputy Prime Minister Martin Barták told Czech TV on Sunday. Mr Barták said however that the cabinet would first look into other ways of providing assistance to the devastated areas. The government has so far granted 99 million crowns, or more than 5.3 million US dollars, of relief funds to those affected by floods in northern Moravia and southern Bohemia. Czech army has also sent 1,000 troops to help with the clean-up.

Author: Jan Richter