9. 6. 2020 17:05

Czech Government approved the National Reform Programme 2020

On 7 May 2020 the Czech Government approved the National Reform Programme. The document presents an overview of the measures adopted to stimulate economic recovery and foster long-term economic growth. The National Reform Programme is published annually as a part of the European Semester and is submitted to the European Commission. The Commission assesses effectiveness of the Czech economic policy and as a result drafts a new set of Country-Specific Recommendations.

This year, the National Reform Programme (NRP) was amended and updated throughout the drafting process so that it would reflect on the measures adopted by the Government to tackle the socio-economic impacts of the COVID-19 pandemic. The NRP thus reports not only on the long-term strategies and governmental agendas traditionally addressed in its previous volumes, but it also covers the most recent government provisions to tackle the ongoing pandemic.

The Czech NRP preparation process is very inclusive as it engages non-governmental stakeholders such as social and economic partners, representatives of the Czech Parliament, delegates from regional and municipal authorities as much as other stakeholders.

Important inputs for the preparation of the NRP within the framework of the European Semester are the core analytical documents published every year by the European Commission: the Annual Sustainable Growth Strategy and the Czech Republic Country Report.

The NRP as approved by the Government was submitted to the European Commission. After its analysis, the Commission has drafted a new set of Country-Specific Recommendations which it prepares as a part of the European Semester process.

The European Semester is a cycle of economic, fiscal and social policy coordination within the EU and it is part of the European Union's economic governance framework. It was established in 2010 with the aim of achieving stability and convergence across the EU as much as to ensure sound management of public finances.

The Annual Sustainable Growth Strategy (ASGS) replaced its predecessor, the Annual Growth Survey, as the new College of Commissioners under the leadership of Ursula von der Leyen decided to adjust the document to the environmental challenges Europe is facing in the 21st century. The launch of the ASGS also presented itself as an opportunity for the College of Commissioners to introduce its environmentally conscious economic strategy for the next five years.

You can find more information about the European Semester here:


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