TNBiz (TNBiz)
Markets  |  August 15, 2012 12:25:06

Billions of public enterprises can go into state coffers

PRAGUE (MEDIAFAX) - Cabinet of Prime Minister Petr Necas (ODS) has approved the possibility of drawing profits from public enterprises, such as the Forests of the CR or Budweiser Budvar, the state treasury, told Reuters on Wednesday the source. The standard should apply by December this year, by the end of the year, the budget of Czech forests could get a billion crowns.

"For years 2013 and 2014 is expected sum of four billion crowns," the explanatory report on the additional money that the government's budget could be obtained from forests.

Under current legislation the profits stay in business for the government are so untouchable. "State enterprise has with its name and given who he was set up now is mainly the state and as such should be some way to share the development of the state economy as a whole and should also participate adequately to address those situations where the state is facing severe economic problemsnature, "write the Ministry of Agriculture officials.

The law envisages that the founder of the state enterprise (the Forests of the CR Ministry of Agriculture) may decide to create a new "fund founder." Each year the founder determines how much profit the fund move. Whether the money spill over into the state budget, or whether they will use again the state-owned company will decide the amendment submitted by the government.

Transport Minister Pavel Dobes (people) have already let it be known that the money from the state-owned enterprises used to support the construction of transport infrastructure. The agricultural unions Bohumír Dufek led to billions invested in maintenance of the landscape. With the proposal in principle acceptable to the opposition Democrats. Their chairman Bohuslav Sobotka (CSSD) unless otherwise indicated said that standard probably in the lower house of parliament will support.

The state-owned enterprises with non-regulated sources of finance in addition to the Forests of the Czech Republic also includes the State Printing stamps, Czech Post, ANS CR, Military Forests and Farms Republic and Budweiser Budvar National Corporation. The transfer of money but so far considered only in forests. "The other companies are not expected to fund the establishment of the founder of profit due to the use of the tasks now performed, and the possibility of a founder of the Fund will be considered only after more detailed analysis of individual farming enterprises in relation to their planning documents," leaving the option to transfer money for other businesses ministry officials.

Jan Drahorád,

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