Czech govt approves 2007 budget draft - PM

PRAGUE, Sept 25 (Reuters) - The Czech government approved the 2007 draft central state budget on Monday with a lower-than-expected proposed deficit of 91.3 billion crowns ($4.11 billion), Prime Minister Mirek Topolanek said.

Topolanek told a news conference after a government meeting that expenditures are seen at 1,058 billion crowns and revenues at 966.7 billion.

The government has been discussing a budget gap of 119 billion crowns, but even with the lower shortfall, Topolanek said planned euro adoption in 2010 is unlikely.

The government lacks a parliamentary majority and will likely lose a confidence vote due by Oct. 4, making the fate of the budget in its current form unclear. ((Reporting by Petra Vodstrcilova, Writing by Alan Crosby; prague.newsroom@reuters.com; Reuters Messaging: alan.crosby.reuters.com@reuters.net; +420 224 190 477))

($1=22.22 Czech Crown)

Keywords: ECONOMY CZECH BUDGET