The Czech Republic boasts an enviable economic dashboard, characterised by strong growth rates, low levels of public debt and abundant fiscal headroom. This healthy position owes much to the fundamentals underpinning the economy. It also points to sound macroeconomic management on the part of the authorities. Alena Schillerova, the Czech Republic's finance minister since December 2017, and its deputy prime minister since April 2019, has been integral to this success. Under her watch, government debt has decreased while the primary fiscal balance has remained positive.
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