Czech Republic : 2016 Article IV consultation; press release; staff report; and statement by the Executive Director for Czech Republic.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, [2016]
©2016
Description:1 online resource (73 pages) : color illustrations.
Language:English
Series:IMF country report ; no. 16/213
IMF country report ; no. 16/213.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12506731
Hidden Bibliographic Details
Varying Form of Title:Czech Republic, 2016 Article IV consultation
Other authors / contributors:International Monetary Fund, publisher.
ISBN:9781475568011
1475568010
Notes:"July 2016."
Includes bibliographical references.
Description based on online resource; title from pdf title page (IMF.org website, viewed August 8, 2016).
Summary:A favorable external environment, high utilization of EU funds, and supportive macroeconomic policies have boosted economic growth. The authorities' medium-term fiscal objective is appropriate, but fiscal framework legislation that would anchor policy is yet to be approved by parliament. The central bank's use of an exchange rate floor to achieve its inflation target has helped stem deflationary pressures, but inflation is still well below target. The financial system is sound and resilient to shocks.