Economic Impact of COVID-19 on Czech Republic and its Policy Response
Table of Contents
- 1. Impact of COVID-19 on Czech Republic Economy in 2020
- 2. Coronavirus (COVID-19) Containment Measures of Czech Republic
- 3. Coronavirus (COVID-19) Related Fiscal Policy Measures by Czech Republic
- 4. Coronavirus (COVID-19) Related Monetary Policy Measures by Czech Republic
- 5. Coronavirus (COVID-19) Related Employment Policy Measures by Czech Republic
- 6. Coronavirus (COVID-19) Related Social Policy Measures by Czech Republic
Czech Republic has one of the highest GDP growth rates and lowest unemployment levels in the European Union. Despite this, Czech Republic economy is expected to be adversely affected by COVID-19 pandemic in 2020. The real gross domestic product (GDP) of Czech Republic is expected to shrink, unemployment level to increase and current account balance to continue its negative growth due to COVID-19 this year. As of 10th June 2020, Czech Republic had 9751 confirmed COVID-19 cases out of which 7053 people have recovered from the disease while 328 have lost their lives.
In this blog post we will be covering economic impact of COVID-19 pandemic alongwith the containment, social, fiscal, monetary and employment related policies of Czech Republic under following sections –
Impact of COVID-19 on Czech Republic Economy in 2020
COVID-19 Containment Measures of Czech Republic
COVID-19 Related Fiscal Policy Measures by Czech Republic
COVID-19 Related Monetary Policy Measures by Czech Republic
COVID-19 Related Employment Policy Measures by Czech Republic
COVID-19 Related Social Policy Measures by Czech Republic
We have covered various macroeconomic factors and...