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Published: 01/18/2018

Fiscal Council publishes Public Finance and Macroeconomic Developments

In addition to current trends, the publication “Public Finance and Macroeconomic Developments”, issued by the Fiscal Council, will also include an assessment of the factors and risks that could affect the attainment of fiscal objectives. In accordance with the Fiscal Rule Act, the Fiscal Council publishes its assessments of compliance with fiscal rules in its regular publications when budget documents are being drafted and also has the obligation to monitor the current fiscal trends. The time intervals between each drafting of budget documents can sometimes exceed six months, and in the meantime, important macroeconomic and fiscal data are published. The Fiscal Council thus expects to issue the publication “Public Finance and Macroeconomic Developments ” twice a year, i.e. in January and July.


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