The Czech Republic Funding and Debt Management Strategy for 2022 - Second Half Update
The Ministry of Finance presents to the public The Czech Republic Funding and Debt Management Strategy for 2022 – Second Half Update, following the approval of the draft act amending Act No. 57/2022 Coll., on the state budget of the Czech Republic for 2022, based on the resolution No. 637 of the Government of the Czech Republic on 27 July 2022. Its aim is to specify the total planned financing needs of the Czech Republic in 2022.
For 2022, the planned total financing needs amount to CZK 595.8 billion, i.e. approximately 9.0% of GDP. The actual amount will primarily depend on the actual state budget performance and also on the actual amount of exchange operations and buy-backs of government bonds carried out during the second half of 2022, in particular for the purpose of refinancing risk management and pre-financing the state debt redemptions maturing in the following years.