Lawmakers approve 2017 state budget

Lawmakers in the Chamber of Chamber of Deputies passed the draft state budget for 2017 which will have a 60 billion crown deficit, 10 billion crowns fewer than the budget this year. MPs passed the proposal as put forward by Andrej Babiš, and downed proposals put forward by the opposition, which criticized the bill for the deficit at a time of economic prosperity. The bill counts on increases in social benefits, pay rises for academics and researchers and, for example, monument restoration. Expected next year are revenues of 1249.3 billion crowns and budget expenses of 1309.3 billion crowns.

Author: Jan Velinger