Czech finance ministry proposes higher 2027 budget gap

Czech finance ministry proposes higher 2027 budget gap

​The Czech ‌Finance Ministry ​is proposing a ‌central government budget deficit of 389 billion crowns ($18.71 ‌billion) for 2027, up ‌from 310 billion crowns planned this year, ⁠Finance ​Minister ⁠Alena Schillerova said on Monday. Schillerova ⁠said the government ​was raising core defence spending ⁠to the NATO ⁠floor ​of 2.0%, as well as ⁠road and rail investments, healthcare ⁠spending ⁠and public wages.

($1 = 20.7960 Czech ‌crowns)

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