IMF Staff Country Reports

Czech Republic: Report on Observance of Standards and Codes-Fiscal Transparency Module-Update

October 8, 2003

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Czech Republic: Report on Observance of Standards and Codes-Fiscal Transparency Module-Update, (USA: International Monetary Fund, 2003) accessed September 27, 2024

Summary

The Czech government has made further progress in improving fiscal transparency that was already high by international standards. The measures implemented to broaden the coverage of general government data have been commended. Improved reporting on fiscal risks, including those arising from contingent liabilities, has been welcomed. However, greater effort is needed to improve the public availability of fiscal data and to maintain regular tax expenditure reports. Ensuring appropriate standards for audit and fiscal discipline at the subnational level is critical.

Subject: Auditing, Budget planning and preparation, Fiscal transparency, Public financial management (PFM)

Keywords: Audit report, Auditing, Budget planning and preparation, CR, Finance data, Government finance statistics manual, ISCR, SAO audit, State, State budget, State EBFs, State EBFs., State guarantee

Publication Details

  • Pages:

    6

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2003/313

  • Stock No:

    1CZEEA0012003

  • ISBN:

    9781451810066

  • ISSN:

    1934-7685