IMF recommends CR to raise rates to tame inflation

(CIANEWS) - The International Monetary Fund (IMF) is recommending the Czech Republic and the Czech National Bank to raise key interest rates in the short term to reduce the risks of high inflation. The government should propose raising property taxes, expanding the supply of housing and seeking greater integration of women, refugees and pensioners in a tight labour market. Digital and green policies should continue, although energy security is a current national priority. The information about the final report of the IMF mission was provided by the Ministry of Finance.



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