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IMF Recommends Czech Government to Reduce Budget Cuts

Published: May 22, 2013; 19:41 · (Vindobona)

With worse-than-expected current economic circumstances the IMF recommends the Czech Republic to moderate budget cuts.

IMF Recommends Czech Government to Reduce Budget Cuts / Picture: © Flickr

Masanori Yoshida, head of the International Monetary Fund (IMF) mission, announced at today´s press conference after the regular mission that the Czech Republic should not make further budget cuts with the current worse-than-expected economic development. According to IMF’s report, the government should only take further steps to provide the stabilization of public finances when…

This article includes a total of 215 words.

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