The Czech government has proposed a budget deficit of 389 billion Czech crowns (CZK) for next year, the second-largest shortfall in the nation’s history, Finance Minister Alena Schillerová (ANO) said after a cabinet meeting on 31 August 2026. Schillerová presented the draft budget to the cabinet, stating the planned deficit at CZK 389 billion. The brief announcement gave no further detail on specific spending or revenue measures in the proposal. If enacted, the shortfall would rank as the second-largest on record. Schillerová relayed the figure to reporters following the government meeting. #CzechRepublic #budget #CZK #FiatNews