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Domů Publications

Publications

  • vyjadreni
    Publications
    REPORT ON COMPLIANCE WITH THE RULES OF BUDGETARY RESPONSIBILITY FOR 2021

    The Czech economy, like most economies around the world, was still being affected by the COVID-19 pandemic in 2021. Government budgets again ended in a large deficit, even though the economy returned to a growth path. This was due mainly to the adoption of a range of structural revenue and expenditure measures, some of which…

    26.10.2022
    Detail
  • DOKUMENTY_1-scaled
    Publications
    REPORT ON THE LONG-TERM SUSTAINABILITY OF PUBLIC FINANCES

    The 2022 Report on the Long-Term Sustainability of Public Finances (the “Report”) was prepared at a time when the economy had recovered from the immediate consequences of the COVID-19 pan- demic. However, the pandemic significantly affected public finances on both the revenue and expenditure side. Scarcely had the situation started to calm down after the…

    29.09.2022
    Detail
  • UNRR_1
    Publications
    OPINION OF THE CZECH FISCAL COUNCIL: CONCERNING THE DEVELOPMENT OF PUBLIC SECTOR FINANCES AND THE SET-UP OF FISCAL AND BUDGETARY POLICY

    8 September 2022, Pursuant to Section 21(2) (a) of Act No. 23/2017 Coll., on budgetary responsibility rules, as amended, the Czech Fiscal Council monitors the development of public sector finance. Within the framework of that work, it also strives to identify risks and threats that may have an adverse impact on public budget stability in…

    08.09.2022
    Detail
  • UNRR_1
    Publications
    OPINION OF THE CZECH FISCAL COUNCIL: CONCERNING THE DEVELOPMENT OF PUBLIC SECTOR FINANCES AND THE SET-UP OF FISCAL AND BUDGETARY POLICY

    9 June 2022, Pursuant to Act No.  23/2017 Coll., on budgetary responsibility rules, Section 21(2)(a), the Czech Fiscal Council (CFC) monitors the development of public sector finance.  Within the framework of that work, it also strives to identify risks and threats that may have an adverse impact on public budget stability in the short-term, medium-term,…

    21.06.2022
    Detail
  • UNRR_1
    Publications
    OPINION OF THE CZECH FISCAL COUNCIL OF 10 MARCH 2022 CONCERNING THE DEVELOPMENT OF PUBLIC SECTOR FINANCES AND THE SET-UP OF FISCAL AND BUDGETARY POLICY

    Pursuant to Act No.  23/2017 Coll., on budgetary responsibility rules, Section 21(2)(a), the Czech Fiscal Council monitors the development of public sector finance.  Within the framework of that work, it also strives to identify risks and threats that may have an adverse impact on public budget stability in the short-term, medium-term, and long-term.  Since September…

    22.03.2022
    Detail
  • UNRR_1
    Publications
    OPINION OF THE CZECH FISCAL COUNCIL OF 2 DECEMBER 2021 CONCERNING THE DEVELOPMENT OF PUBLIC SECTOR FINANCES AND THE SET-UP OF FISCAL AND BUDGETARY POLICY

    Pursuant to Act No. 23/2017 Coll., on budgetary responsibility rules, Section 21(2)(a), the Czech Fiscal Council monitors the development of public sector finance. Within the framework of that work, it also strives to identify risks and threats that may have an adverse impact on public budget stability in the short-term, medium-term, and long-term. Since September…

    08.02.2022
    Detail
  • Publications
    THREE VERSIONS OF PENSION SYSTEM REFORM: ALL PLAN TO SPLIT THE FIRST PILLAR

    08.02.2022
    Detail
  • UNRR_2-1-scaled
    Publications
    STATEMENT OF THE CZECH FISCAL COUNCIL OF 4 MARCH 2021 CONCERNING THE DEVELOPMENT OF PUBLIC SECTOR FINANCES AND THE SET-UP OF FISCAL AND BUDGETARY POLICY

    Pursuant to Act No.  23/2017 Coll., on budgetary responsibility rules, Section 21(2)(a), the Czech Fiscal Council monitors the development of public sector finance.  Within the framework of that work, it also strives to identify risks and threats that may have an adverse impact on public budget stability in the short-term, medium-term, and long-term.  Since September…

    10.03.2021
    Detail
  • MF_1-scaled
    Publications
    STATE BUDGET ENDED WITH A DEFICIT OF 28.5 BILLION LAST YEAR. THE OVERALL RESULT WAS ABOVE PLAN, BUT TAX INCOME LOWER THAN EXPECTED.

    In 2019, the state’s finances ended up with a deficit of 28.5 billion crowns, said Finance Minister Alena Schillerová, at a press conference today.  The approved budget planned on a deficit of 40 billion crowns. The better-than-expected result was due primarily to non-tax and capital revenues, which were above plan by more than 38 billion…

    28.01.2020
    Detail
  • Statement-4-DEcember
    Publications
    DRAFT BUDGET SHOULD OPERATE ONLY WITH INCOME BASED ON ALREADY APPLICABLE LAWS, NOTES THE CFC

    On Wednesday 4 December, the Czech Fiscal Council (CFC) issued its regular quarterly opinion on the development of public sector finances and the set-up of fiscal and budgetary policy. Among other things, it points to problematic aspects in the approval of the 2020 government budget, as the budget bill counts on certain income, the attainment…

    12.12.2019
    Detail
  • Obrazek1
    Publications
    COMMITTEE ON BUDGETARY FORECASTS CONSIDERS FORECAST MADE BY MINISTRY REALISTIC

    On Wednesday 13 November, a meeting of the Committee on Budgetary Forecasts met at the Ministry of Finance of the Czech Republic.  At this meeting, committee members, who are leading Czech economists, discussed the November fiscal forecast issued by the Ministry of Finance of the Czech Republic and rated it as realistic, in terms of…

    28.11.2019
    Detail
  • FINANCE_2-scaled
    Publications
    THE CZECH REPUBLIC COMPLIES WITH THE RULES OF BUDGETARY RESPONSIBILITY, ALTHOUGH A DEBT RELIEF MECHANISM FOR MUNICIPALITIES IS LACKING.

    The Czech Republic last year complied with the expenditure and debt rules of budgetary responsibility laid down by Act No. 23/2017 Sb., on the rules of budgetary responsibility (hereinafter referred to as the “Act”). This is the conclusion of the Report on Compliance with the Rules of Budgetary Responsibility for the Year 2018, published on…

    08.11.2019
    Detail
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