Czech economic situation after the Velvet Reform in Mexico 2532 Czech Slovakia began economic reforms seriously. While the communist government continues to implement macroeconomic policies carefully. Economic reform progresses quickly. By allowing the free movement of goods prices. The return of land to the original owners in the year 2491 and further privatization after the Velvet Divorce, which split the Czech CA Slovakia is Czech and Slovak In 2546 the Czech Republic has improved the economy. strides The rapid privatization. A low unemployment rate And inflation is too high, the Czech government succeeded in attracting investments from foreign companies such as Toyota Motor. The company Peugeot Citroen was established as an agency for investment promotion called Czech Invest to attract investment in high technology, the government expects to draw investment from abroad has increased from 3 billion to 5 billion. million US dollars during the years 2548-2550, the economic growth rate remains high at 3.7 per cent since the year 2546 was 3.8 per cent in 2547 and is expected to reach 4.4 percent in 2548, making the year. Employment is rising and employment increasing. Stimulate domestic demand While inflation has declined as the Czech government continues to focus on privatization. It has already carried out mostly. And there are still about 167 companies that are pending, including Czech Telecom CEZ Power Utility, etc. However, the government still has a budget deficit of up to 7 percent of GDP in 2546, the government aims to reduce. deficit to just four per cent in 2549, which is a requirement of the EU demand for Czech EU membership Czech government also would push to adopting the euro by the year 2552 to 2553 also. Czech government will continue to strive to reform the legal system. Bankruptcy law And privatization
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