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 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 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.
The survey of macroeconomic forecasts (the so-called Colloquium), which is carried out by the Ministry of Finance, aims to ascertain the opinion of relevant institutions on the future development of the Czech economy and to assess key trends the participating institutions envisage in their forecasts.
Economic growth is already resuming in 2024. The economy could grow by 1.1% this year, accelerate to 2.5% in 2025 and virtually keep this momentum in the outlook years.