2025 Czech budget proposal aims to reduce deficit to 2% GDP, maintain NATO defence spending, raise teacher salaries, and increase investment.
The Czech Finance Ministry has proposed a 2025 budget aiming to reduce the deficit by 9% to about 2% of GDP, targeting a fiscal gap of 230 billion crowns ($10.2 billion). The draft maintains defense spending at NATO's 2% GDP requirement, increases teacher salaries, and boosts investment funding. The government will debate the proposal before finalizing it for parliamentary submission by the end of September, amid internal coalition tensions.
7 months ago
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