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Image header Agence Europe
Europe Daily Bulletin No. 13507
Contents Publication in full By article 23 / 26
NEWS BRIEFS / Economy

Czech Republic presents four-year multiannual budget programme

18/10/24 (Agence Europe)On Wednesday 16 October, the Czech Republic presented its multiannual budget programme, which will run for four years from 2025 until 2028. It sets out the following trajectory for net public spending: 4.5% in 2025, 2.5% in 2026, 2.6% in 2027 and 2.9% in 2028. Combined with an average national GDP growth of 1.6% over the period, this trajectory should reduce the public deficit from 2.8% to 0.5% of GDP between 2025 and 2028, as well as keeping public debt stable at around 44.0% of GDP, after reaching a peak of 45.3% in 2027. See the macro-budget plans that have been submitted by the Member States at this stage: https://aeur.eu/f/djs (MB)

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