Cabinet reviews its policy agenda

11-08-2004

The new coalition government is reviewing its policy agenda with regard to excessive spending. At a meeting of economic ministers on Wednesday, Finance Minister Bohuslav Sobotka urged his colleagues to slash a number of proposals which would lead to further spending. Disputes are allegedly underway over eight points in the government's agenda. The deputy Prime Minister in charge of the economy Martin Jahn told the media that the government intended to finance many of the measures stemming from its policy agenda from the off-budget Housing Development Fund. In this way, ministers could spend more than one billion crowns without increasing the budget deficit. The new coalition government, headed by Prime Minister Stanislav Gross, is expected to ask Parliament for a vote of confidence on August 24th.