Recommendation of the Fiscal Council: The National Assembly should stop all legislative procedures whose effects on public expenditure are not included in the existing budget frameworks
In a period when the Government of the Republic of Slovenia is only performing its regular duties the National Assembly is addressing 49 acts proposed by deputies in the Assembly; half of these proposed acts have direct financial effects.
Slovenia has committed itself to establishing the Fiscal Council by ratifying the international Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, based on which the fiscal rule was integrated into the Constitution in 2013, while in 2015 an implementing act – the Fiscal Rules Act – was adopted.
The Fiscal Council is an independent and autonomous state authority supervising the management of the fiscal policy. Its fundamental task is to monitor the compliance with the fiscal rule, the medium-term balance between revenue and expenditure without borrowing, except in exceptional circumstances, and to monitor the implementation of the EU legislation regulating the economic governance in Member States.
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