IMF Staff Country Reports

Czech Republic: Selected Issues in Fiscal Policy Reform

February 28, 2007

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Czech Republic: Selected Issues in Fiscal Policy Reform, (USA: International Monetary Fund, 2007) accessed November 26, 2024

Summary

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.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal stance, Health, Public financial management (PFM)

Keywords: Benefit spending, Budget planning and preparation, Chapter III, CR, Eastern Europe, EU fund, EU transfer, Expenditure reform priority, Expenditure restructuring, Fiscal stance, ISCR, Spending

Publication Details

  • Pages:

    66

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2007/085

  • Stock No:

    1CZEEA2007002

  • ISBN:

    9781451810257

  • ISSN:

    1934-7685