CNB Improves Estimate of this Year’s Public Finance Deficit to 3.6 % of GDP
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In its latest economic projection, the Czech National Bank (CNB) has revised its estimate for this year’s public finance deficit to 3.6% of the gross domestic product (GDP), an improvement from the previous forecast in August, which had anticipated a deficit of 3.8% of GDP. The outlook for public finances is set to continue improving in the coming years, with a projected deficit of 1.6% of GDP for the next year and 1% of GDP in 2025, as indicated in […]
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