Czech Republic : Staff Report for the 2014 Article IV Consultation

Journal Issue

Volume/Issue:: 2014/256
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund. European Dept.
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: September 2014
DOI:: http://dx.doi.org/10.5089/9781484393383.002
ISBN:: 9781484393383
ISSN:: 1934-7685
Page:: 61

Growth is gaining momentum, led by strong external demand while domestic demand is also picking up. The central bank's foreign exchange intervention policy has helped stem deflationary pressures but inflation is still well below target. Following substantial fiscal adjustment over the past three years, an easing of the fiscal stance is underway and the new government's medium-term fiscal plans have not yet been fully elaborated. The financial system is sound and resilient to shocks, and improvements in the regulatory and supervisory architecture are ongoing. The challenge for the authorities is to create the conditions for strong and sustainable growth while maintaining macroeconomic stability.

Czech Republic - 2014 Article IV Consultation - Staff Report; Press Release; and Statement by the Executive Director for the Czech Republic

Article

Czech Republic: Staff Report for the 2014 Article IV Consultation—Informational Annex

Author(s):: International Monetary Fund. European Dept.
Published Date:: September 2014

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Czech Republic : Staff Report for the 2014 Article IV Consultation

Czech Republic: Staff Report for the 2014 Article IV Consultation—Informational Annex

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