1st December 2014

Economic Policy: Government approved Action Plan to Promote Economic Growth and Employment

On its meeting on 1st December Czech Government approved one of its key strategic documents summarizing both its legislative and non-legislative its commitments for the years 2014 and 2015. The document was prepared in cooperation with the representatives of employers and employees and it is designed to further promote the role of both government’s tripartite partners. The document differs in relation to other analogous documents in precisely defining goals, indicators of success, coordinators and dates the measures are due. The document itself is divided into two sections. First section encompasses individual steps to be taken in order to support the economic growth such as: creating attractive entrepreneur environment, support of export and tourism, support of foreign and domestic private investments, transfer of R&D results into application area, development of capital construction, effective performance of public administration, area of energetics, support of employment and the labor market. Second part of the action plan is focused on measures supporting growth of incomes of the state budget not only on expenditure side but also on the income side of the budget.

Members of the American Chamber of Commerce in the Czech Republic