Government institutions' deficit reached 3.6% of GDP

(CIANEWS) - The general government balance ended with a deficit of CZK 247.49bn in 2022, equivalent to 3.6% of GDP, data from the Czech Statistical Office confirmed by Eurostat. The sector's debt reached 44.1% of GDP. Consolidated gross debt amounted to CZK 2.997tn In the pre-Covid year 2019, it was CZK 1.740tn.



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