Czech Republic; Selected Issues
This Selected Issues paper examines two key questions on fiscal policy reform in the Czech Republic. First, how can the fiscal institutional framework be strengthened to maintain discipline and enhance transparency? Second, what are the priorities in expenditure reform that can be implemented without sacrificing the quality of spending? The paper discusses the recent Czech experience with the medium-term expenditure framework and some proposals for strengthening it. It also discusses cross-country analyses of spending efficiency and flexibility, and proposes areas for fiscal adjustment that reduce inefficiencies.
Year of publication: |
2007-02-28
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Selected issues | Public debt | Government expenditures | Gross domestic product | Health care | fiscal policy | expenditure | expenditure reform | medium term expenditure framework | fiscal framework | fiscal adjustment | fiscal consolidation | fiscal deficits | fiscal pressures | fiscal reforms | fiscal rule | tax burden | fiscal reform | public financial management | budget balance | expenditure framework | expenditures | fiscal measures | fiscal accounting | fiscal flexibility |
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