PRAGUE (ČIA) – The Prague Council has approved the investment budget for this year. It dissolves the reserve for capital expenditures and transfers of unused funds totaling almost CZK 12 bln from 2011 to 2012. According to Mayor Bohuslav Svoboda, CZK 7.152 bln from this budget will go to transport and CZK 1.836 bln to the construction of municipal infrastructure. According to Svoboda the municipality’s capital expenditures will increase by CZK 594 mln.