Zeman signs 2019 budget bill into law

President Milos Zeman has signed the budget law for next year, which reckons with the deficit of 40 billion crowns, ten billion less than this year, Zeman's spokesman Jiri Ovcacek told journalists today. The budget projects the overall state expenditures at 1,505 billion crowns and revenues at 1,465 billion. The budget reckons with a 3.1-percent economic growth, the average inflation rate of 2.3 percent and unchanged unemployment rate of 2.3 percent.