{"id":8395,"date":"2022-11-29T10:09:00","date_gmt":"2022-11-29T09:09:00","guid":{"rendered":"https:\/\/www.rozpoctovarada.cz\/cbf\/o-vrp\/"},"modified":"2024-11-26T14:11:29","modified_gmt":"2024-11-26T13:11:29","slug":"committee-on-budgetary-forecasts","status":"publish","type":"page","link":"https:\/\/www.rozpoctovarada.cz\/en\/cbf\/committee-on-budgetary-forecasts\/","title":{"rendered":"About CBF"},"content":{"rendered":"<p>The Committee on Budgetary Forecasts is tasked with <strong>assessing macroeconomic and budgetary forecasts prepared by the Ministry of Finance<\/strong>, particularly in terms of their likelihood of fulfilment. These forecasts are used not only by the state but also by state contributory organisations, state funds, public universities, health insurance companies, and other public institutions when drawing up budgets and medium-term budgetary outlooks. <strong>The Ministry of Finance is obliged to disclose the Committee\u2019s assessment and reflect it in its forecasts<\/strong>.<\/p>\n<img decoding=\"async\" style=\"aspect-ratio: 300 \/ 214;\" class=\"alignnone size-medium wp-image-8786 aligncenter\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/www.rozpoctovarada.cz\/wp-content\/uploads\/2022\/12\/foto-web-6-1-300x214.png\" alt=\"\" width=\"300\" height=\"214\" srcset=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-srcset=\"https:\/\/www.rozpoctovarada.cz\/wp-content\/uploads\/2022\/12\/foto-web-6-1-300x214.png 300w, https:\/\/www.rozpoctovarada.cz\/wp-content\/uploads\/2022\/12\/foto-web-6-1-1024x729.png 1024w, https:\/\/www.rozpoctovarada.cz\/wp-content\/uploads\/2022\/12\/foto-web-6-1-768x547.png 768w, https:\/\/www.rozpoctovarada.cz\/wp-content\/uploads\/2022\/12\/foto-web-6-1-1536x1094.png 1536w, https:\/\/www.rozpoctovarada.cz\/wp-content\/uploads\/2022\/12\/foto-web-6-1.png 1890w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n<p>The Committee on Budgetary Forecasts was established based on Act No. 23\/2017 Coll., on the rules of budgetary responsibility, and its membership is an honorary role. It must comprise <strong>at least seven members<\/strong>, appointed by the government on a proposal of the Czech Fiscal Council. The term of a Budgetary Committee member is three years. The current Committee on Budgetary Forecast consists of eight members and includes leading Czech economists from the private, public, and academic sectors.<\/p>\n<p>In May 2024, the economist, <span class=\"Y2IQFc\" lang=\"en\">member of the analytical team of \u010cesk\u00e1 spo\u0159itelna and <\/span><span class=\"Y2IQFc\" lang=\"en\">member of the <\/span><span class=\"Y2IQFc\" lang=\"en\">management of the Czech Economic Society<\/span>, <strong>Michal Sko\u0159epa<\/strong>, was appointed Chairman of the Committee.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Committee on Budgetary Forecasts is tasked with assessing macroeconomic and budgetary forecasts prepared by the Ministry of Finance, particularly in terms of their likelihood of fulfilment. These forecasts are used not only by the state but also by state contributory organisations, state funds, public universities, health insurance companies, and other public institutions when drawing&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":8235,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"pages\/page-blocks.php","meta":{"footnotes":""},"class_list":["post-8395","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>About CBF | N\u00e1rodn\u00ed rozpo\u010dtov\u00e1 rada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rozpoctovarada.cz\/en\/cbf\/committee-on-budgetary-forecasts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"About CBF | N\u00e1rodn\u00ed rozpo\u010dtov\u00e1 rada\" \/>\n<meta property=\"og:description\" content=\"The Committee on Budgetary Forecasts is tasked with assessing macroeconomic and budgetary forecasts prepared by the Ministry of Finance, particularly in terms of their likelihood of fulfilment. These forecasts are used not only by the state but also by state contributory organisations, state funds, public universities, health insurance companies, and other public institutions when drawing...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rozpoctovarada.cz\/en\/cbf\/committee-on-budgetary-forecasts\/\" \/>\n<meta property=\"og:site_name\" content=\"N\u00e1rodn\u00ed rozpo\u010dtov\u00e1 rada\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/narodnirozpoctovarada\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-26T13:11:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rozpoctovarada.cz\/wp-content\/uploads\/2022\/12\/foto-web-6-1-300x214.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@rozpoctova_rada\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"About CBF | N\u00e1rodn\u00ed rozpo\u010dtov\u00e1 rada","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rozpoctovarada.cz\/en\/cbf\/committee-on-budgetary-forecasts\/","og_locale":"en_US","og_type":"article","og_title":"About CBF | N\u00e1rodn\u00ed rozpo\u010dtov\u00e1 rada","og_description":"The Committee on Budgetary Forecasts is tasked with assessing macroeconomic and budgetary forecasts prepared by the Ministry of Finance, particularly in terms of their likelihood of fulfilment. These forecasts are used not only by the state but also by state contributory organisations, state funds, public universities, health insurance companies, and other public institutions when drawing...","og_url":"https:\/\/www.rozpoctovarada.cz\/en\/cbf\/committee-on-budgetary-forecasts\/","og_site_name":"N\u00e1rodn\u00ed rozpo\u010dtov\u00e1 rada","article_publisher":"https:\/\/www.facebook.com\/narodnirozpoctovarada","article_modified_time":"2024-11-26T13:11:29+00:00","og_image":[{"url":"https:\/\/www.rozpoctovarada.cz\/wp-content\/uploads\/2022\/12\/foto-web-6-1-300x214.png","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_site":"@rozpoctova_rada","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.rozpoctovarada.cz\/en\/cbf\/committee-on-budgetary-forecasts\/","url":"https:\/\/www.rozpoctovarada.cz\/en\/cbf\/committee-on-budgetary-forecasts\/","name":"About CBF 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