Coalition leaders agree on cuts to 2027 budget deficit

Leaders of ANO, SPD and the Motorists have reached an agreement that will allow the government to approve the draft state budget for next year at its meeting on Monday, Motorists’ party leader Petr Macinka told reporters.

The planned deficit of CZK 389 billion will be reduced by several billion crowns, he said. Further savings of up to CZK 20 billion are expected from legislative proposals the government plans to introduce by the end of the year, but these will not yet be reflected in the budget bill to be approved.

Macinka said the deficit should be reduced by at least CZK 60 billion in 2028.