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[POLITICS] · Czechia · 10 sources

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Czech coalition reaches agreement on state budget deficit reduction

The coalition parties ANO, SPD, and Motoristé have reached an agreement on the state budget for the upcoming year, allowing for its approval in the next government meeting. The original projected deficit of 389 billion CZK will be reduced by several billion CZK immediately.

Further savings of approximately 20 billion CZK are expected through legislative proposals to be introduced by the end of the year. The coalition has also committed to a long-term goal of reducing the deficit by at least 60 billion CZK by 2028.

Key points of the agreement include maintaining defense spending at 2% of GDP, while securing a salary increase of approximately 5,000 CZK per month for civilian employees at the Ministry of Defense. Additionally, the SPD party successfully maintained the policy of paying for the first three days of employee sick leave, a proposal previously supported by the Motoristé that was ultimately rejected during negotiations.

Entities

ANO · Alena Schillerová · Czech Government · Czech Social Security Administration · Motoristé · SPD · Tomio Okamura

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