Fund worth billions to support business in Prague

(ČIA) Prague’s leaders plan to create a fund for the renewal and development of business and services in the city with an allocation of billions of korunas. According to the council’s resolution, the expert group should address not only the mechanism of money distribution, but also resources. The Deputy Mayor for Budget, Pavel Vyhnánek (Prague for Itself), said that the implications for the budget are still being calculated. He added that Prague does not want to cut investment expenditures significantly. According to him, the end of quarantine will be the beginning of a new era for which the city must be prepared.



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