Chamber of Deputies approves basic parameters of state budget for 2025

The Czech Chamber of Deputies has approved the basic parameters of the proposed state budget for 2025 in its first reading. The proposed draft reckons with a deficit of 241 billion CZK, which is CZK 41 billion lower than this year's projected deficit. The first reading of the draft budget lasted for fourteen and a half hours, and was approved by 87 MPs of the ruling coalition. Opposition MPs, including the now non-governmental Pirate Party, voted against it. The proposed draft will need to pass through two more readings in the lower house before the end of the year.