Opinion of the CFC No. 3/2023 on the determination of the expenditure frameworks of the state budget and state funds for the years 2024 to 2026.
Czech Fiscal Council:
I. expresses a dissenting opinion
pursuant to Section 12(5) of Act No. 23/2017 Coll., on the Rules of Budgetary Responsibility, as amended (hereinafter referred to as “the Act”) to determine the expenditure frameworks of the state budget and state funds for the years 2024 to 2026.
II. justification
The presented Budgetary Strategy of General Government Sector of the Czech Republic, which sets the expenditure frameworks of the state budget and state funds for the years 2024 to 2026, is not consistent and logical in setting fiscal targets and fiscal effort expressed in the form of a structural deficit value for the period under review (in % of GDP).