Government debt decreased in Q2

The Czech Republic’s gross government dept decreased in the second quarter of this year by 37.5 billion crowns to 1.678 trillion. One of the main reasons for the decline was the repayment of 62.9-billion-crowns worth of state-issued bonds. Although this is a significant quarterly decrease, the debt did increase in comparison to December of last year by 10.5 billion crowns.

Author: Masha Volynsky