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22.08.2008 - Czech Chamber to decide on the budget for 2009 in December

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of Deputies should still approve at its September session, the lower house will start debating the budget bill in its final wording on December 3. In the third reading deputies vote on individual changes in the budget bill and than take a final vote on the document as a whole. The government should submit the bill by September 30 and immediately after this the Chamber of Deputies chairman will submit it to the budget committee. The first reading is to take place as of October 15.

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The budgets of ministries, government offices and the parliament itself will then be discussed by the Chamber's relevant committees. On June 27 the government approved the draft 2009 state budget with a deficit of 38.1 billion crowns. The budget expenditure was set at 1,053 billion crowns, and the deficit would amount to about 1.5 percent of Gross Domestic Product (GDP). This year's budget counted with a deficit of almost 71 billion crowns, expenditures of 1,107 billion crowns and revenues of 1,037 billion crowns. However, Finance Minister Miroslav Kalousek (junior government Christian Democrats, KDU-CSL) said earlier he expected that the deficit would be lower. The senior opposition Social Democrats (CSSD) have criticised the bill approved by the government. CSSD shadow finance minister Bohuslav Sobotka said it was proof of the failure of the government's reforms. The CSSD will not support the 2009 budget, Sobotka said previously. The junior opposition Communist Party (KSCM) will not support the bill either. If the Chamber of Deputies passes the budget it would be directly sent to President Vaclav Klaus for signature since the Senate, the upper house of the Czech parliament, is not entitled to approve budget bills. If the Chamber fails to pass the bill by the end of the year it would have to adopt a provisional budget equal to the last approved budget, which is this year's. ($1=16.455 Czech crowns)

(Ceske Noviny)


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