{
  "title": "Czech Republic: Staff Report for the 2004 Article IV Consultation",
  "publication": "IMF Staff Country Reports, August 17, 2004",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/czech-republic-staff-report-for-the-2004-article-iv-consultation-17652",
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  "summary": "This 2004 Article IV Consultation highlights that the Czech Republic’s GDP expanded by 3.1 percent in 2003 and the first quarter of 2004, mainly supported by household consumption.",
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    {
      "heading": "Economic growth and demand",
      "content": "- GDP expanded by 3.1 percent in 2003 and the first quarter of 2004.\n- Expansion was mainly supported by household consumption."
    },
    {
      "heading": "Investment dynamics",
      "content": "- Investment was strong in 2003, driven by spending on public infrastructure.\n- Investment swelled in early 2004 owing to one-off influences associated with European Union accession."
    },
    {
      "heading": "Fiscal position",
      "content": "- The fiscal deficit continued to drift upward in 2003.\n- The general government deficit widened relative to GDP by about 1 percentage point to nearly 5 percent of GDP in 2003.\n\nSource: Czech Republic: Staff Report for the 2004 Article IV Consultation (IMF Staff Country Reports 2004, Issue 266).\n\n---\n\n Content in this bundle\n\n- cr04266\n  - cr04266 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr04266 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: August 17, 2004",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451810219.002",
    "GDP expanded by 3.1 percent in 2003 and the first quarter of 2004.",
    "Expansion was mainly supported by household consumption.",
    "Investment was strong in 2003, driven by spending on public infrastructure.",
    "Investment swelled in early 2004 owing to one-off influences associated with European Union accession.",
    "The fiscal deficit continued to drift upward in 2003.",
    "The general government deficit widened relative to GDP by about 1 percentage point to nearly 5 percent of GDP in 2003.",
    "**_cr04266**"
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