We guard
public finances

We are an independent expert body whose primary mission is to evaluate whether the state and other public institutions are complying with the rules of budgetary responsibility set by law. Our activity contributes to the sustainability of the Czech Republic’s public finances and reduces the risk of the state becoming over-indebted.

More about CFC

The public debt of the Czech Republic is

43.6 % of GDP

it is 3,491,908 milion CZK

As of: December 2024*

The public budget balance is

-2.2 % of GDP

it is −177,173 milion CZK

As of: December 2024*

The government borrowing rate is

4.06 %

As of: April 2025**

*Source: CZSO, latest data notified by Eurostat (debt and balance). **Source: CNB (ARAD database), monthly average.

News

News from the world of public finances and up-to-date information on events in the CFC

News

Opinion on one-off and temporary measures according to the 4th updated edition of the Methodology for Derivation of the Expenditure Frameworks of the State Budget and State Funds and opinion on the determination of the expenditure frameworks of the state budget and state funds for the years 2026 to 2028

The National Fiscal Council has issued new opinion on one-off and temporary measures according to the 4th updated edition of the Methodology for Derivation of the Expenditure Frameworks of the State Budget and State Funds and opinion on the determination of the expenditure frameworks of the state budget and state funds for the years 2026…

29.04.2025
Detail
News

Opinion CFC: general government finances and fiscal and budgetary policy

Pursuant to the Section 21(2)(c) of Act No. 23/2017 Coll., on the Rules of Budgetary Responsibility, as amended, the Czech Fiscal Council (CFC) monitors general government finances. As part of this activity, it also seeks to identify risks that may negatively affect the stability of public budgets in the short, medium and long term. Since…

21.03.2025
Detail
News

Report on the Long-Term Sustainability of Public Finances 2024

One of the main tasks of the Czech Fiscal Council (CFC) under Act No. 23/2017 Coll., on the Rules of Budgetary Responsibility, as amended (the “Act”), is to regularly prepare the Report on the Long-Term Sustainability of Public Finances (the “Long-Term Sustainability Report”) and, in accord-ance with Section 21 of the Act, to submit it…

06.03.2025
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The Czech Fiscal Council

We are an independent expert body whose primary mission is to evaluate whether the state and other public institutions comply with the rules of budgetary responsibility

Our objective

Our activity contributes to the sustainability of the Czech Republic’s public finances and reduces the risk of the state becoming over-indebted. The opinions and reports we issue 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.

According to the Act, the tasks of the Czech Fiscal Council include in particular:

To evaluate compliance with the numerical fiscal rules
To determine the amount of the debt and announce it the way laws are announced
To prepare and submit to the Chamber of Deputies a report on the long-term sustainability of public finances and a report on compliance with the rules of budgetary responsibility
To monitor general government finances
To formulate an opinion on the calculation of the corrective component