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10/16/2020

Assessment by the Fiscal Council: Assessment of budget documents for 2021 and 2022

In the current uncertain conditions, expansionary fiscal policy is counter-cyclical and, as such, appropriate in the light of available forecasts. However, the planned expenditure of the general government sector in the coming years is high and therefore exposed to significant risks, especially related to their effectiveness. At the same time, the current situation should not […]

09/10/2020

Assessment by the Fiscal Council: Compliance of the draft Revised budget of the Republic of Slovenia for 2020 and of the draft Ordinance amending the Ordinance on the framework for the preparation of the general government budget for the 2020–2022 period with the fiscal rules

The Fiscal Council has assessed the draft revised budget of the Republic of Slovenia for 2020 and the draft Ordinance amending the Ordinance on the framework for the preparation of the general government budget for the 2020–2022 period. Due to exceptional circumstances, a temporary deviation from the fiscal rules is permitted this year, but the […]

08/31/2020

The updated assessment of the actual fiscal impact of the adopted one-off anti-crisis measures

Upon the adoption of one-off anti-crisis measures, the Fiscal Council decided to continuously monitor their fiscal impact and to regularly update its assessment. This time we are publishing the fourth assessment of the actual impact of one-off anti-crisis measures, which includes the likely final impact of the first anti-coronavirus legislative package, while the financial impact […]

07/07/2020

Public Finance and Macroeconomic Developments, July 2020

The COVID-19 pandemic and the measures for its containment have had a significant impact on the deterioration of macroeconomic results while directly and indirectly also worsening fiscal results. In the first quarter of 2020, the general government deficit amounted to EUR 739 million, which is 6.6% of GDP (in the same period last year: −0.8% […]

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