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Czech government approves 2018 budget, CZK 50 bln deficit seen
September 25, 2017 / 10:57 AM / 3 months ago

Czech government approves 2018 budget, CZK 50 bln deficit seen

PRAGUE, Sept 25 (Reuters) - The Czech cabinet approved on Monday its 2018 central state budget draft with a planned deficit of 50 billion crowns ($2.29 billion), government spokesman Martin Ayrer said on Twitter.

This is the last budget prepared by the current government before an election on Oct. 20-21. The state has had little trouble with financing while the country has the lowest unemployment in the European Union and a fast-growing economy. (Reporting by Robert Muller; Editing by Jason Hovet)

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