The Institute of Financial Policy has a new director. He is a respected analyst

Truth , eco 30.09.2021 18:43

Photo: Ivan Majerský , Pravda

The Institute of Financial Policy belongs to the Ministry of Finance.

Bratislava, September 30, 2021 – Juraj Valachy, an economist and long-time acclaimed analyst, will become the new head of the Institute of Financial Policy (IFP) as of October 15. He will replace Eduard Hagar

Juraj Valachy will become the 8th director of IFP. He made it a priority to follow up on quality analytical work, which is extremely important for the economy and public finances.

“I am very happy to work at the Institute of Financial Policy. It is an exceptional place full of exceptional people who, through their work, help the government to make well-informed decisions. Together we want to positively influence the discussion and direction of public policies in Slovakia, “said the future director of IFP Juraj Valachy.

One of his top priorities will be work to improve the sustainability of public finances.

“The permanent improvement of their situation should be brought about by the introduction of the concept of expenditure limits, which is also the main challenge for the entire institute. We will work together to improve the presentation of our work externally, but especially to respond professionally to all the challenges that lie ahead, “stressed Juraj Valachy.

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Juraj Valachy is returning to the Ministry of Finance after years, as has worked for IFP in the past. He studied statistics and probability at the Faculty of Mathematics and Physics, Charles University in Bratislava. He completed his doctoral studies in economics at CERGE-EI at Charles University in Prague. Since 2006 he has worked in the banking field as an economic analyst. He is one of the recognized experts in macroeconomics and econometrics.

“Juraj is an excellent economist with extensive experience. With his ideas and energy, he will definitely contribute to the further development of the Institute, “said the outgoing director Eduard Hagara. He has worked at the Ministry of Finance since 2012. He started as a senior analyst at the Institute of Financial Policy. After a year, he took over responsibility for the Department of Tax and Fiscal Analysis. After three years with the International Monetary Fund, he became Director of the Financial Policy Institute in 2019.