Macro Analysis /
Czech Republic

Czech Republic: Finance ministry revises 2022 budget framework, puts lower deficit target

    1 September 2021
    • Revision is based on latest finance ministry forecast that is more optimistic about 2022
    • Spending is revised upwards to accommodate bigger pension hike, spending on state-covered health insurance
    • 2022 budget bill to be submitted to parliament by end-September
    • Adoption may be delayed because of general election on Oct 8-9