Czech Republic: Staff Report for the 2004 Article IV Consultation

International Monetary Fund

No 2004/266, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2004 Article IV Consultation highlights that the Czech Republic’s GDP expanded by 3.1 percent in 2003 and the first quarter of 2004, mainly supported by household consumption. Investment was also strong in 2003—driven by spending on public infrastructure—and swelled in early 2004 owing to one-off influences associated with European Union accession. The fiscal deficit continued to drift upward in 2003. The general government deficit widened relative to GDP by about 1 percentage point to nearly 5 percent of GDP in 2003.

Keywords: ISCR; CR; deficit; deficit target; draft budget; discussion; coalition agreement; staff appraisal; EU accession; Maastricht inflation criterion; Inflation; Foreign direct investment; Government debt management; Global (search for similar items in EconPapers)
Pages: 52
Date: 2004-08-17
References: Add references at CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=17652 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2004/266

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().