Think tank IDEA introduces budget council for Czech Rep

15. 2. 2012

Think tank IDEA has introduced its own proposal for the establishment of the budget council for the Czech Republic.

(CIA, Feb 15) Think tank IDEA has introduced its own proposal for the establishment of the budget council for the Czech Republic. It will likely contribute in the improvement of the long-term sustainability of public finances of the country. According to Ondřej Schneider, the proposal gives the council stronger rights than usual and then prepared by the Czech government in the prepared Budget Responsibility Bill. The five-member council will likely have the right to approve expense frameworks of the government and verify their accordance with the Budget Responsibility Bill.