Budget committee approves CZK 500bn deficit

Published: 29.06.2020 Related countries:  Japan Japan

The Budget Committee of the Chamber of Deputies recommended to the MPs to approve the amendment to the budget with a deficit of CZK 500bn.

This was announced by the Minister of Finance Alena Schillerová (for ANO). She added that the committee also supported the amendment reducing the proposed increase in the government budget reserve and moving the money directly to individual chapters. According to A. Schillerová, the budget responds to the crisis caused by the pandemic and will enable the investments needed to restore the economy.

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