Czech Fiscal Council


Czech Fiscal Council is an independent expert body whose main task is to assess whether the state and other public institutions comply with the rules of budgetary responsibility laid down in Act No. 23/2017 Coll.:: The Czech Fiscal Council has three members. From 2018 to 2022, it was chaired by Czech economist Eva Zamrazilová. Tasks related to the professional, organizational, administrative, personnel, and technical support of the Council's activities are performed by the Office of the Czech Fiscal Council in accordance with the law.
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The tasks of the Czech Fiscal Council

The tasks of the Czech Fiscal Council are laid down in Act No. 23/2017 Coll. on the rules of budgetary responsibility. These include, in particular:
  • evaluating compliance with numerical fiscal rules and submitting reports on compliance with these rules to the Chamber of Deputies,
  • determining the amount of debt and announcing it in the same manner as laws are announced,
  • preparing and submitting to the Chamber of Deputies a report on the long-term sustainability of public finances,
  • monitoring the development of the public sector's financial management,
  • preparing an opinion on the calculation of the corrective component used to adjust the deviation of the actual result of the public sector's financial management from the expected result.
The Czech Fiscal Council is a member of the network of independent fiscal institutions in the European Union.

Members of the Czech Fiscal Council

The Czech Fiscal Council has three members by law. The chair is elected by the Chamber of Deputies of the Parliament of the Czech Republic on the proposal of the Government of the Czech Republic, and the other two members are also elected by the Chamber of Deputies of the Parliament of the Czech Republic, one on the proposal of the Senate of the Parliament of the Czech Republic and one on the proposal of the Czech National Bank.
The current members of the Czech Fiscal Council are
Former members of the Czech Fiscal Council are
  • Eva Zamrazilová,
  • Richard Hindls