The Macroeconomic Forecast contains forecast for the years 2026 and 2027, and for certain indicators an outlook for the 2 following years (i.e. until 2029).
The Czech Republic is submitting a revision of its medium-term Fiscal-Structural Plan in accordance with Article 15 of Regulation (EU) 2024/1263 of the European Parliament and of the Council.
The Fiscal Forecast is based on the macroeconomic forecast issued by the Ministry of Finance in April 2026. This expects a 2.1% increase in economic activity this year, driven mainly by domestic demand. In 2027, the economy could grow by 2.4% thanks to an acceleration in economic growth in the countries of the main trading partners.
Since 2024, there has been a noticeable trend of gradual recovery, with the Czech economy growing by 1.2% last year and expected to accelerate to 2.4% this year.
The Czech Republic will receive another CZK 5.5 billion from the EEA and Norway Grants. Memoranda of Understanding between the Czech Republic and donor states Norway, Iceland and Liechtenstein for the next, fourth programming period were confirmed by ceremonial signatures in the representative premises of the Kunsthalle in Prague.
The Ministry of Finance of the Czech Republic today announced the launch of the country´s inaugural Social Finance Framework, a major step toward aligning state bond issuance with international ESG standards and meeting demand from socially responsible investors.
The Annual Progress Report follows the amendment of the Stability and Growth Pact. It aims at an annual assessment of the implementation of the Fiscal-Structural Plan.
The government has acknowledged the joint recommendation of the Ministry of Finance and the Czech National Bank not to set a date for adopting the single European currency for the time being.