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The Czech Republic Funding and Debt Management Strategy for 2023 - Second Half Update

The Ministry of Finance presents to the public The Czech Republic Funding and Debt Management Strategy for 2023 - Second Half Update. For 2023, the planned financing needs amount to CZK 645.7 billion. For 2024, the expected financing needs is CZK 419.2 billion and for 2025 it reaches CZK 467.3 billion. Compared to The Czech Republic Funding and Debt Management Strategy for 2023 published on 3 January 2023, there is a decrease of CZK 44.2 billion and CZK 54.5 billion, respectively. This fact is mainly due to lower planned deficits of the state budget in these years, which are in accordance with the Czech Government Resolution No. 449 dated 21 June 2023 on the preparation of the state budget of the Czech Republic for 2024 and the medium-term outlook for 2025 and 2026, which are thus lower by CZK 45.0 billion and CZK 60.0 billion, respectively.

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