Podcasts Other Radio Prague International - Topic «Business» Expert: Govt. budget reforms relatively solid compromise

Expert: Govt. budget reforms relatively solid compromise

Published: May 12, 2023, 11:48 a.m.

This week the Czech government announced a major package of economic legislation aimed at reducing the country\u2019s record budget deficit. The move, which includes a largescale pension reform, is intended to save CZK 94 billion in 2023 and close to CZK 150 billion by 2025. I asked politics professor V\xedt Hlou\u0161ek from Masaryk University in Brno what he makes of the government\u2019s announcements and approach.