Publication details
Budgetary Law in the Czech Republic in Times of Multi-Crisis
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| Year of publication | 2025 |
| MU Faculty or unit | |
| Citation | |
| Description | The report focuses on changes in the field of budget law that have taken place in recent years in response to factors that caused a multi-crisis. The aim of this report is to assess the impact of multiple overlapping crises on public finance in the Czech Republic. To achieve this objective, the methods of description, analysis, and comparison will be employed. First, the background of the budgetary law in the Czech Republic is briefly described. Next, the changes that were the cause of the multi-crisis and their effects on the economy and society are presented. The first significant cause was the COVID-19 pandemic, the second cause was the war conflict in Ukraine, and third cause was high inflation. In following part, individual changes associated with the state budget, as well as the budgets of territorial self-government units and the rules of budgetary responsibility, are presented chronologically. Amendments are supplemented with comments and evaluations from the Fiscal Council and the Supreme Audit Office. |
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