National Budget Council: Trigger of Debt Brake Brought Forward
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The National Budget Council has issued a regular report on the long-term sustainability of public finances. While in recent years politicians have managed to embark on the path of reducing deficits, in the first years of Andrej Babiš's government the situation is the opposite.
Due to the loosening of budgetary policy, the expected impact on the debt brake has been moved from 2037 to 2034. This was announced by representatives of the National Budget Council (NRR) at its annual press conference on Thursday. According to it, the previous trend of budgetary consolidation has been reversed this year and public finances cannot be described as...
Due to the loosening of budgetary policy, the expected impact on the debt brake has been moved from 2037 to 2034. This was announced today at the annual press conference by representatives of the National Budget Council (NRR). According to it, the previous trend of budgetary consolidation has been reversed this year and public finances cannot be described as sustainable.
Prague - Due to the loosening of budgetary policy, the expected impact on the debt brake has been moved from 2037 to 2034. This was announced today at the annual press conference by representatives of the National Budget Council (NRR). According to it, the previous trend of budget consolidation has reversed this year and public finances cannot be described as sustainable. According to the Ministry of Finance, the NRR ignores the intention to con…
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