Economic policy / Macroeconomic Indicators, Economic Growth
This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.
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Spotlight issue
European Semester: Czech Republic: Challenges include public finances, health care, administrative burden, public procurement
In February 2016, the European Commission published a series of country reports for each Member State, analysing Member States' economic and social policies. In May 2016, based on the analysis presented in the country reports and the dialogue held with Member States, the Commission presented country-specific recommendations for the next 12 to 18 months. The Czech Republic needs to improve sustainability of public finances, health care financing, to lower the existing administrative burden, improve public procurement, increase the cooperation between businesses and universities, increase the attractiveness of the teacher profession and improve inclusion (in eduaction, labor market).
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IMF: Challenge for Czech authorities is to sustain increase in potential growth, maintain macroeconomic stability
Czech economic performance has been impressive, with output growing strongly and unemployment declining steadily. Growth is projected to slow this year, however, and to remain moderate over the medium term. The challenge for the authorities is to create conditions for a sustained increase in potential growth and to maintain macroeconomic stability, says IMF Mission in its Article IV Consultation Concluding Statement.
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IMF: CESEE region may face much slower pace of convergence to EU-15 unless they step up reform efforts. Czech Republic could gain most from better business regulation
The Regional Economic Issues (REI) reports assesses the macroeconomic outlook for the Central, Eastern and Southeastern Europe (CESEE) region in light of the latest global economic and financial developments. This update was published on May 6, 2016.
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