Babiš: State budget to show highest surplus ever this year

25-10-2016

The state budget will end in surplus this year, the minister of finance, Andrej Babiš, said on Tuesday. Mr. Babiš said that would be the best budget result since the Czech Republic was founded in 1993. In addition, state debt has fallen for the first time since 2011. The minister chiefly attributed the positive figures to more effective tax collection.