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01/08/2020

Public Finance and Macroeconomic Developments, January 2020

In the first three quarters of 2019, the general government balance recorded a surplus of 0.7% of GDP and was thus within the forecast of the October Draft Budgetary Plan, which projected a surplus of 0.8% of GDP for the whole of 2019. Achieving the nominal surplus was mainly the result of further improvement in […]

12/05/2019

Fiscal Council consultation at the end of 2019

At the end of 2019, the Fiscal Council held a regular consultation with experts in public finance and economic policy. Participants to the meeting were Marijana Bednaš, Anže Burger, Saša Jazbec, Bogomir Kovač, Janez Šušteršič and Boštjan Vasle. On the initiative of the Fiscal Council, the discussion touched upon two broad areas: fiscal rules and long-term fiscal sustainability.

11/14/2019

Assessment by the Fiscal Council: Compliance of the supplemented Proposal of budgets of the Republic of Slovenia for 2020 and 2021 with the fiscal rules

Having reviewed the supplemented proposal of the budget documents (the supplemented 2020-2021 Budget proposal and the supplemented 2020 Draft Budgetary Plan), the Fiscal Council continues to assess that the fiscal development projections are clouded by significant negative risks. While projections formally comply with the fiscal rules, the Fiscal Council still notes inconsistencies between the projections of certain items and the proposed or applicable measures. The materialisation of only a small fraction of identified risks could result in a deviation from formal compliance.

© Fiscal Council 2017 - 2020

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