After global markets closed today, Moody’s rating agency upgraded its rating for the long-term debt of the Czech Republic to the excellent Aa3 with stable outlook.

The Macroeconomic Forecast is prepared on a quarterly basis. It contains a forecast for the current and following years and for certain indicators an outlook for another 2 years.

The survey of macroeconomic forecasts (so-called Colloquium), which is conducted by the Ministry of Finance (MoF), aims to find out how relevant institutions see the prospects for the Czech economy and to assess major trends the forecasts of the participating institutions envisage.