State budget deficit grows to 47.7 billion crowns in October

01-11-2013

The Czech state budget deficit grew to 47.7 billion crowns in October from September´s 38.2 billion, according to a Finance Ministry report released on Friday. It is the best result for October since 2008. The state budget deficit for 2013 has been projected at 100 billion crowns but Prime Minister Jiří Rusnok said last month that thanks to money from EU funds, the budget gap this year could be much lower than projected.