State budget ends with 10.9 billion surplus in October

The state budget of the Czech Republic ended in October with a surplus of 10.9 billion crowns, or more than 570 million US dollars, the Finance Ministry said on Monday. For the same period last year, the surplus was 27.2 billion crowns. This year, the deficit is expected to end with a deficit of roughly 20 billion crowns.

Author: Jan Richter