Parties agree to reallocate some funds in 2024 budget

The parties in the Czech governing coalition have agreed to reallocate CZK 12 million in the 2024 state budget, Czech Television reported. Money should go to organisations commemorating Czech democratic traditions, such as the Czechoslovak Legionary Community and the Shoah Memorial, Czech TV said.

MPs approved the basic parameters of the budget at the end of October, so they will no longer be able to touch the level of revenues, expenditures and the deficit. However, they still have the option of requesting transfers of money between chapters in the second reading.

Finance Minister Zbyněk Stanjura said the smaller such changes were, the better.

Author: Ian Willoughby