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News

  • 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
  • DOKUMENTY_1-scaled
    REPORT ON COMPLIANCE WITH THE RULES OF BUDGETARY RESPONSIBILITY FOR THE YEAR 2020: RELEASING THE FISCAL RULES, PUBLIC FINANCES IN SIGNIFICANT IMBALANCE.

    The Czech economy, like most economies around the world, was hit hard by the COVID-19 pandemic in 2020. The ensuing economic contraction and the revenue and expenditure measures taken to mitigate the negative impacts of the crisis gave rise to a large public finance imbalance. All this affected the levels of the indicators monitored in…

    01.01.2022
    Detail
  • UNRR_1
    OPINION OF THE CZECH FISCAL COUNCIL OF 3 JUNE 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 FiscalCouncil monitors the development of public sector finance. Within the framework of that work, it alsostrives to identify risks and threats that may have an adverse impact on public budget stability in theshort-term, medium-term, and long-term. Since September 2018, the Czech…

    13.12.2021
    Detail
  • UNRR_1
    OPINION OF THE CZECH FISCAL COUNCIL OF 2 SEPTEMBER 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…

    11.10.2021
    Detail
  • graf-zprava-aj
    Report on the Long-Term Sustainability of Public Finances

    The current Czech Fiscal Council Report on the Long-Term Sustainability of Public Finances shows what impact a short period of expansionary fiscal policy and changes to the fiscal rules can have on the long-term sustainability of public finances. Although the projection in the Report covers a 50-year timescale, the initial conditions set today are fundamental…

    22.06.2021
    Detail
  • UNRR_2-1-scaled
    STATEMENT OF THE CZECH FISCAL COUNCIL OF 3 JUNE 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…

    08.06.2021
    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
  • statement-27.october
    Statement of the Czech Fiscal Council concerning the amendment doing away with super-gross wage taxation and loosening the fiscal rules set out in the Act on Budgetary Responsibility Rules

    On 26 October 2020, House Document No. 910 was published on the website of the House of Deputies, containing an amendment put forward by Member of Parliament Andrej Babiš, concerning the government draft act amending certain acts in the sphere of taxation and certain other acts.  The substance of the amendment lies in doing away…

    04.11.2020
    Detail
  • UNRR_2-1-scaled
    Statement of the Czech Fiscal Council of 2 September 2020 on 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…

    13.09.2020
    Detail
  • DOKUMENTY_2-scaled
    The Czech Fiscal Council has published its Report on the Long-Term Sustainability of Public Finances: shortening time to find a solution

    The third Czech Fiscal Council Report on the Long-Term Sustainability of Public Finances was produced in the shadow of the coronavirus pandemic. By affecting the change in the medium-term projection, the pandemic pointed to insufficient resilience of public finances to withstand shocks of a similar nature. Recent fiscal policy has been highly procyclical, and the…

    25.06.2020
    Detail
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