Czech state budget posts a surplus by end-Aug, compared with deficit last year

Sep 3, 2007 - The Czech Republic posted a budget surplus for the eight months to end-August, due to faster-than-expected inflow of income, the finance ministry said.

The January-August balance was in surplus by 22.23 bln crowns, compared with a 6.44 bln deficit last year.

Income for the year so far is 656.7 bln crowns, and state spending 634.4 bln crowns.