PragueConnect.cz - Economy

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CNB: Public finance deficit to reach zero in 2017

The public finance deficit to GDP will show a zero level in 2017. This is predicted by the Czech National Bank (CNB). The public finance deficit will likely reach -0.5% of GDP in 2016 after -1.3% of GDP in 2015. The total public debt to GDP will likely decrease to 39.7% in 2016 and 38.4% in 2017. The nominal public debt in current prices will grow to CZK 1,860bn in 2016 and 1,879bn in 2017.

Source: www.cianews.cz  

 
 
 
 

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