IMF evaluation sees no major problems with Czech economy

The Czech economy faces no real threats with relatively high economic growth seen in the next years, according to an International Monetary Fund evaluation of the country.

The annual evaluation said it could see no major imbalances, budget policy was prudent, and rising wages are a response to the need to fill jobs, according to the IMF.

It sees economic growth this year at 3.7 percent and in 2019 at 3.2 percent. That’s slightly down on the 3.9 percent and 3.4 percent forecasts of the Czech National Bank. The IMF sees mid-term Czech growth averaging at 2.5 percent.