The Czech Fiscal Council
The Czech Fiscal Council is an independent expert body whose primary mission is to evaluate whether the state and other public institutions comply with the rules of budgetary responsibility set out by Act No. 23/2017 Coll. The activity of the Czech Fiscal Council also contributes to the sustainability of the Czech Republic’s public finances and reduces the risk of over-indebtedness of the state.
The opinions and reports issued by the Czech Fiscal Council serve as inputs for the Czech government, the Chamber of Deputies and local and regional authorities so that they can plan and implement fiscal and budgetary policies as accurately and responsibly as possible. In addition, the outputs of the Czech Fiscal Council are also useful for the general public. With their assistance, every citizen can get a better understanding of the state of public finances and the direction they are taking.