Fiscal Council met a delegation from the Croatian independent fiscal institution

The Fiscal Council was visited by the delegation of the Croatian Fiscal Policy Commission which is currently an authority in formation, led by Prof. Dr Sandra Krtalić.

During the meeting we presented conditions for the work of the Slovenian Fiscal Council, our experience so far and challenges we face carrying out in our work.

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 Rule 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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