Czech Republic´s indebtedness to grow to 35-40% of GDP

Published: 10.07.2020 Related countries:  Czech Republic Czech Republic

Czech Republic´s indebtedness to grow to 35-40% of GDP

According to Minister of Industry and Trade and Transport Karel Havlíček, Czech Republic´s indebtedness will grow from 30% to 35-40% GDP. He said this after he met with president of Czech Republic Miloš Zeman and his expert team on Saturday 13th of June 2020. The Ministry of Industry and Trade and Transport said they must talk about the budget revenues and resolve the way how the money needs to be invested. 

Source: ČIA, CzechTrade team Calgary