The Czech government will try to meet its 2023 budget deficit target of 295 billion crowns ($13.4 billion) although the gap almost expanded to that level already in May, Prime Minister Petr Fiala said on Sunday.
The central state budget deficit reached 271.4 billion crowns in January-May, its highest level ever for that period, hit by higher pension payments, spending on energy price subsidies and growing debt servicing costs.
