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Czech News in English » Business » Finance » Czech government wins 2021 budget approval after agreeing to defence spending cut

Czech government wins 2021 budget approval after agreeing to defence spending cut

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Czech Prime Minister Andrej Babis’s minority government won approval on Friday for its 2021 budget after agreeing to a demand from the Communist Party to cut defence spending. The budget plans a 320 billion crown deficit next year although that will likely rise once lawmakers approve a planned record income tax cut.

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