Czech government approved draft budget despite CSSD opposition

Published: 29.09.2021 Related countries:  United Kingdom United Kingdom

Despite the disapproval of the CSSD, the government has approved a draft budget with a deficit of almost 380 billion.

Despite the negative position of CSSD, the government of Prime Minister Andrej Babiš (ANO) approved the draft state budget for 2022. Minister of Finance Alena Schillerová (for ANO) stated that a deficit of CZK 376.6bn was planned. 

Capital expenditures are expected to reach CZK 218.7bn in 2022 (+ CZK 31.2bn y/y). CSSD chairman Jan Hamáček said that the budgeted increase in the salaries of state employees by only CZK 1,400 will not even cover inflation. As part of the next process, CSSD will therefore seek to increase their salaries by CZK 3,000.

Source: CIA News