Finance minister says he will revise state budget

Finance Minister Miroslav Kalousek said shortly after the break-down of talks that the government would withdraw the proposed state budget for 2013 from the lower house and revise it. The finance minister said that in view of the deadlock within the Civic Democratic Party he would have to review the expenditures side of the budget and consider how the loss in revenues could be made up for by cuts in the public sector. He stressed that he was not prepared to increase the gap in public spending because of the tax dispute. A new draft budget should be ready within 30 days.