News
What’s new in immigration law from summer 2023?
The latest amendment to the Act on the Residence of Foreigners, the Employment Act and the Public Health Insurance Act, and other related acts was approved in June 2023 and most of the changes brought by it will come into force from 1 July 2023. The main objective of the amendment to the Act on the Residence of Foreigners is the transposition of the Directive of the European Parliament and the Council regarding the blue cards. What else will be affected by the changes?
Citi Foundation Invests Further $250,000 in Program Supporting Young People with Disabilities in Central Europe
The Second Phase of the Youth Disability Rights Program “Ascend” will be Implemented in Bulgaria, the Czech Republic, Hungary, Romania and Slovakia in 2023.
AmCham companies discussed strategic objectives for Czechia
What the strategic objective of Czechia should be? Should it be measured, as it has been in the past, by how much money we spend? Measuring progress by outcomes is a better choice.
Recent estimates of the economic impact of Covid and invasion of Ukraine by Russia
Estimates from some of the leading international forecasting institutions.
OECD Economic Outlook for Czechia (June 2023)
According to OECD, GDP growth in Czechia will slow to 0.3% in 2023, before picking up to 2.4% in 2024. In 2023, high energy prices, tight financing conditions and weak sentiment will hold back private investment, and still elevated inflation will constrain private consumption. Private consumption will pick up in 2024, underpinned by growing real wages. Inflation will start falling from currently high levels but will only approach the 2% target towards the end of 2024. The unemployment rate will remain low, close to 3%.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.