The council published the new calculator in response to the newly formed government’s intention to reduce the budget deficit planned for next year by up to 80 billion kroner only thanks to savings in expenditures without the need to increase taxes.
“The calculator is a tool that allows you to create your own proposal for the spending side of the state budget in a simplified form. Its purpose is to contribute to the rationalization of the discussion about adjustments in the spending side of the state budget, which are likely to be required by a large fiscal deficit. “
Comprehensive Excel spreadsheet It allows you to adjust the range of individual items of the state budget, while the initial data are the values u200bu200bof expenditures approved in the budget for this year. It can then work with receipts on other sheets of the file.
Andrej Babis’ government has agreed to a budget deficit of 376.6 billion crowns next year. But the new government wants to reform the budget. Finance Minister candidate Zbenik Stangora of ODS said on Sunday that he assumes the Czech Republic will run an interim budget by the end of March next year. According to him, the review of the draft budget will take about six weeks.
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