INSTANT VIEW 1-Czech budget in 30.9 bln deficit

01.12.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

    PRAGUE, Dec 1 (Reuters) - The Czech central state budget 
slipped into a 30.92 billion crown ($1.47 billion)  deficit for 
January-November, following the worst result since April, the 
Finance Ministry said on Friday. 
 
KEY POINTS: 
(in CZK bln)       end-Nov 06   end-Oct 06      end-Nov 05 
 balance           -30.92       -12.67            0.20 
 
 (For full table, click on......................[ID:nPRA001063]) 
 
- Revenues up 6.7 percent year-on-year for January-November, 
exceeding the rise accounted for in the budget plan by 4.1 
percentage points. 
- Expenditure up 10.7 percent, exceeding the targeted rise by 
6.3 percentage points. 
- The full-year budget sees a 74.4 billion crown deficit on 
expenditure of 963.8 billion crowns. The government however 
forecasts the full-year gap to reach 100 billion crowns. 
 
 BACKGROUND: 
- The central state budget is the biggest part of the overall 
public finances. 
- The Finance Ministry has said the country will meet its euro 
Convergence Programme this year but not next. The ministry has 
proposed a 2007 budget outline forecasting a gap of 4.0 percent 
of gross domestic product (GDP), above the 3.3 percent cap set 
in the Convergence Programme. 
 
- For recent stories on the budget, click on [CZ-GVD-POL-RTRS] 
or [CZ-RTRS-DBT]. 
 
LINKS: 
- For an overview of the Czech central government budget, 
Reuters 3000 Xtra users can click on the ministry's website: 
    http://www.mfcr.cz 
 
- For LIVE Czech economic data releases, click on       <ECONCZ> 
- Instant Views on other Czech data                 [CZ/INSTANT] 
- Overview of Czech macroeconomic indicators            [CZ/ECI] 
 
- Key data releases in central Europe    [CEE-CONVERGENCE-WATCH] 
- For Czech money markets data click on                <CZKVIEW> 
- Czech money guide                                      <CZK/1> 
- Czech benchmark state bond prices                   <0#CZBMK=> 
- Czech forward money market rates                      <CZKFRA> 
 
 ((Writing by Marek Petrus; Editing by Alan Crosby; 
prague.newsroom@reuters.com; Reuters Messaging: 
marek.petrus.reuters.com@reuters.net; +420 224 190 477)) 
 ($1=21.10 Czech Crown) 
  Keywords: CZECH BUDGET/  
    

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