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Finance minister sees ‘systemic changes’ to meet budget deficit goal

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The government will take savings measures this year and in 2011 to ensure that it meets its budget-deficit targets, Finance Minister Miroslav Kalousek said. Without any cuts, the budget gap may reach as much as 6.6% of gross domestic product next year, compared with the target of 4.6% of GDP in 2011 and 5.3 percent for this year, he said.

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