The Czech state budget showed a record $1 billion-plus surplus through September

The Finance Ministry said on Monday that the Czech state budget for September has shown a surplus of a record 25.8 billion crowns (over 1 billion dollars- the best result through the month of September since 1993. It marks a year-on-year improvement of some 66 billion crowns. Finance Minister Bohuslav Sobotka said the result can be attributed to more efficient tax collection and other measures to reduce the 'grey' economy.

Author: Brian Kenety