Dep FinMin Mora Says There Could Be More Austerity Measures In Pipeline

Czechia's Deputy Finance Minister Marek Mora told the "Ptam se ja" podcast that the government is looking to push its austerity package through the House of Representatives as soon as possible, while the Ministry of Finance is already working on further savings.

• Mora joined the Finance Ministry on April 1 upon his retirement as member of the CNB's Bank Board. Towards the end of his tenure at the central bank, Mora was one of the regular two hawkish dissenters alongside Tomas Holub.
• Ministries, regions, NGOs and other actors had just five days until Monday midnight to submit their proposals on how to amend the fiscal consolidation package, as the government is rushing to adopt the austerity measures.
• Mora said that staff have now "presented some [further] measures to the Minister" and "he should present [these] measures in June." The official added that the Finance Minister "will have to negotiate them in the government."