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Czech finance minister looks to keep momentum going

Having tackled the country's tax system in 2016, Czech Republic finance minister Andrej Babiš is turning his energies to the task of promoting growth while reducing the deficit. He talks to Stefanie Linhardt.
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Q: The Czech Republic has had a positive current account balance since 2014, as well as low and falling debt-to-gross domestic product (GDP) ratios. In 2016, what achievements were the most important to you?

A: I’m proud to say the Czech Republic acts as a fiscally responsible entity. In 2016, we achieved the best financial results in the history of the independent Czech Republic. We have managed to achieve a budget surplus, mainly due to the better collection of taxes. At the end of 2016, the country’s debt was €2.6bn lower compared with the starting point of our government term in January 2014.

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