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08/07/2018

Assessment by the Fiscal Council: Proposal for the Ordinance amending the Ordinance on the framework for the preparation of the general government budgets for the 2018–2020 period

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 […]

07/12/2018

Fiscal Council publishes Public Finance and Macroeconomics Developments and calls on the new government under formation to ensure the sustainability of public finances

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 […]

05/30/2018

Report on the Fiscal Council’s operations in 2017

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 […]

04/18/2018

Assessment by the Fiscal Council: Draft Stability Programme – the 2018 update is not in accordance with fiscal rules

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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