Supreme Audit Office highlights debt rate, poor use of public funds

The Supreme Audit Office says that the Czech state saw a high budget deficit and Europe’s third fastest debt rate growth last year. The state also frequently wasted public funds, the agency said in its annual report.

Auditors found major shortcomings in the way the state allocates subsidies, and said that while billions had been spent on digitisation of the public administration the country had fallen in an EU digitisation league table.

Author: Ian Willoughby