Further decreases of expenditure are required for 1997 in the area of state administration, investments (including imports) and funding of social benefits in order to secure a balanced state budget in 1998. Wages paid from the state budget should also be frozen.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information contact Paul Antrobus or Richard Fletcher, Arthur Andersen Prague, Tel: +420 2 2440 1300 or enter a text search 'Arthur Andersen' and 'Business Monitor'.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information contact Paul Antrobus or Richard Fletcher, Arthur Andersen Prague, Tel: +420 2 2440 1300 or enter a text search 'Arthur Andersen' and 'Business Monitor'.
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