Act No. 38/2026 Coll., on the State Budget of the Czech Republic for 2026, entered into force on 21 March 2026. Based on this Act, it is possible to present an updated estimate of the planned total financing needs for 2026, amounting to CZK 737.8 billion, i.e. approximately 8.2% of GDP. The actual amount of financing needs will primarily depend on the actual performance of the state budget and on any exchange operations or buy backs of government bonds carried out during the year, in particular for the purpose of managing refinancing risk. The quantification of interest expenditures of the state budget will be included in the Czech Republic Debt Portfolio Management Quarterly Report – 1st Quarter 2026. The…
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