The Fiscal Council assesses that fiscal trends in 2024 have contributed to medium-term fiscal sustainability. The general government deficit in 2024 was lower than in 2023 and, in line with the Fiscal Council’s expectations, significantly below the government’s autumn projections. Net expenditure growth was lower than the commitments made in the medium-term fiscal-structural plan drafted last autumn. The Fiscal Council’s projections, based on the assumption that current policies will remain in place, indicate a deterioration of the fiscal position over the next three years. It would therefore be reasonable to address the various risks, including longer-term challenges, in the autumn budget documents and through the adoption of the reforms currently being prepared, in order to avoid the need for excessive fiscal adjustment in the future.