The Prime Minister elect Mr Marjan Šarec responded to the invitation and visited Fiscal Council together with Mr Vojmir Urlep today. During an informal meeting the Fiscal Council presented the meaning of fiscal rules to ensure medium term public finance sustainability, while the debate also touched the pubilc finance aspects of coalition agreement. Both sides underlined the importance of respecting fiscal rules in order to support durable sustainability of public finance.
The Fiscal Council assesses that the proposal for the Ordinance does not comply with the provisions of the Fiscal Rules Act. Such an assessment is based on the fact that neither the political and macro-economic circumstances nor the situation in healthcare have further changed since the preparation of the Stability Programme 2018. Moreover, neither have […]
The favourable economic and fiscal trends continued at the beginning of 2018. A strong increase in public revenues and a moderate increase in expenditures resulted in a general government surplus of 0.6% of GDP. The year-on-year growth in revenues (6.1%) in the first quarter was associated with a continued increase in economic activity and favourable […]
The Fiscal Council assessed the compliance of the general government budgets with the fiscal rules in 2017. In accordance with the provisions of the Fiscal Rule Act the Fiscal Council made an assessment of the compliance of the general government budgets with the fiscal rules in 2017. The Fiscal Council assessed that last year’s fiscal […]
In accordance with the Fiscal Rule Act, the Fiscal Council is obliged to submit to the National Assembly a report on its operations in the previous year by the end of May each year. The first part of the report describes the structure and various levels of operations of the Fiscal Council in the first […]
The favourable economic situation in 2017 enabled an accelerated fiscal consolidation and further convergence towards the mid-term fiscal objective in Slovenia. Having examined the draft Stability Programme (SP 2018) for the 2018–2021 period, the Fiscal Council unfortunately needs to establish that the projected fiscal trends are not in compliance with fiscal rules. The appropriate mid-term […]
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