Abstract
Each government faces budgetary issues in the way which they consider correct as the solution for stabilisation. The choice of way is actually reflected in the laws that have impact on public finances and are adopted in certain periods of time.
The emphasis of the European institutions on debt regulation in the individual member states of the EU has led to the introduction of several variants of debt reduction laws in the Czech Republic. In 2007, the government linked the debt-reduction with the effort to minimise the public sector.
The adoption of the Budgetary Responsibility Act occurred in the period of the next government (the applicability of this law is set for the year 2018) and its effort was to show the government's responsibility towards the stability of public budgets.