TNBiz (TNBiz)
Macroeconomics  |  December 03, 2012 15:11:41

The state budget deficit in November amounted to 77.9 billion crowns, fell by 48 billion


PRAGUE (MEDIAFAX) - The state spent in the last 11 months of 77.9 billion crowns more than they chose. A year earlier, in November showed a budget deficit of CZK 125.9 billion, an increase of 48.1 billion crowns more than a year ago, according to information from the Ministry of Finance on Monday.

"My first priority is compliance with the approved amount of the deficit for this year. The balance of national income and expenditure deficit certainly plan to meet. Risk remaining payments from the European Union," said Finance Minister Miroslav Kalousek.

The positive development of the state budget in terms of comparability in recent months by the resort's finances contributed most improved collection of revenue from the EU, which had an impact on the renewal certifications operational program expenditure Environment and Transport.In October and November, these revenues amounted to 34.5 billion crowns, which is 15.9 billion more than in the same period of 2011.

Achieved total revenues of the state treasury from January to November 2012 amounted to CZK 961.3 billion, which represents 88.2 percent of the budget for changes (implemented in November 2011 to 84.7 percent). Compared to the same period of 2011 were higher by 54.9 billion, an increase of 6.1 percent. Tax revenues including social security premiums grew by 20.5 billion.

Total state expenditures in the amount of 1 039 200 000 000 crowns drawn at the end of November 2012 represent 86.9 percent of the budget for changes (in November 2011 it was 85.6 percent). Compared to the actual 2011 suggest changes to this year's budget after an increase of 3.4 percent.

Management of the budget deficit itself ended November 26.6 billion crowns (in November 2011 it was 34.5 billion dollars), when revenues amounted to 73.7 billion crowns and spending 100.3 billion crowns.

The state budget for 2012 foresees revenue of 1.0847 trillion crowns, crowns 1189700000000 spending and the deficit in objemu105 billion.

Jan Soukup, soukupj@mediafax.cz

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Schodek státního rozpočtu činil v listopadu 77,9 miliardy korun, meziročně klesl o 48 miliard

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