TITLE

Stimulus Plan To Push Budget Deficit Higher

PUB. DATE
April 2009
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Apr2009, Vol. 16 Issue 4, p7
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic outlook for the Czech Republic for 2009. In January 2009, the Czech Finance Ministry posted a budget surplus of Czech koruna 480 million. Expenditure declined by 5.2% year-on-year while revenue also fell down by 14% year-on-year. Spending growth is expected at 5% as government expenditure is predicted to remain elevated in 2009. It is also predicted that the general budget deficit will increase to 5.2% of gross domestic product (GDP) in 2009.
ACCESSION #
36963848

 

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