Economic policy
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
IMF's Managing Director: Demographic Change and Economic Well-being: The Role of Fiscal Policy
Without action, public pension and health systems will not be sustainable over the long-term. Our grandchildren would face unsustainable public debt and sharp tax increases that could stifle growth and reduce their economic well-being, IMF Managing Director Christine Lagarde said at the Massachusetts Institute of Technology.
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European Investment Bank lending in Czech Republic 2011-2015 | EIB opens Prague office | Q&A on EIP, EFSI
Eurpean Investment Bank's investment in the Czech Republic came to EUR 324 million in 2015. Of this amount, 77% benefitted the country’s SMEs and Midcaps, while the remaining 23% financed small-scale investments targeting energy efficiency measures. Over the past five years (2011-2015) the EIB has invested EUR 4.3 billion in the Czech Republic. SMEs account for 48% of this figure, reflecting the Bank’s priority objectives in the EU in recent years. Today, EIB opened its Prague office. Q&As on the European Investment Plan and the European Fund for Strategic Investments inside...
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OECD: Global Economic Outlook and Interim Economic Outlook | CNB global economic outlook
In the Global Economic Outlook and Interim Economic Outlook, the OECD projects that the global economy will grow by 3 percent this year and 3.3 percent in 2017, which is well below long-run averages of around 3¾ percent. The Interim Economic Outlook calls for a stronger policy response, changing the policy mix to confront the current weak growth more effectively. It points out that sole reliance on monetary policy has proven insufficient to boost demand and produce satisfactory growth, while fiscal policy is contractionary in several major economies and structural reform momentum has slowed....
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