Czech public finance surplus revised down to 27.6 billion crowns for 2016

Czech public finances in 2016 recorded a surplus of 27.6 billion crowns or 0.58 percent of GDP, according to the latest revised figures released by the Czech Statistical Office on Friday. The overall figure for the surplus is 1.7 billion down on an earlier figure released by the office. Public finances recorded a deficit of almost 29 billion crowns or around 0.64 percent of GDP in 2015 according to the latest revision.