In 2012, the government agreed to pay the Church compensation for the seizure and/or destruction of land, churches, and other assets by the Communists.
Under the restitution plan, the Church will receive about $2.9 billion in payments made through 2043.
The government has also restored to the Church properties valued at well over $3 billion.
To make use of these funds—and to prepare for the gradual elimination of state support—Church officials in the Czech Republic have invested in a variety of financial products, as well as other businesses.
An AP report estimates that the Catholic Church provided 3,100 jobs in 2015, with a greater number of jobs opening this year, making the Church one of the country’s leading employers.