Prague approves draft budget for 2014

Prague City Hall on Tuesday approved the city’s draft budget for 2014. The budget should be balanced with expenditures and revenues amounting to 44.2 billion crowns, or over 2.2 billion US dollars. Some 9.4 billion crowns have been earmarked for investments, a spokesperson for the city hall said. The budget is yet to be approved by the city council.

Author: Jan Richter