Finance Ministry forecasts nearly three percent growth for 2015


The Finance Ministry has prepared an updated economic forecast to be submitted to the European Commission by the end of May. The Convergence Programme states that following this year’s slight economic growth the Czech economy should recover and reach 2.8% growth by 2015. The Convergence Programme is a basic document for a country’s acceptance of the single European currency and describes the government’s strategy for developing public finances for the coming years. GDP growth of 0.2% is expected for this year and 1.3% in the next.