The no-policy-change scenario in the 2022 Stability Programme foresees a gradual improvement in the fiscal situation. However, this improvement will be somewhat limited by the discretionary measures already adopted, and the envisaged 2025 deficit is set to be higher than last year, without taking into account the COVID-related measures. Revenue growth is expected to continue, […]
To date, 13 April 2022, the Fiscal Council has not received a proposal from the Government of the Republic of Slovenia of the framework of the budget preparation for 2023-2025 and draft Stability Program 2022. The Fiscal Rule Act (Official Gazette RS 55/15 and 177/20) stipulates in the second paragraph of Article 6 that the […]
Achieving the climate and energy targets will be one of the greatest challenges for fiscal policy in the coming years. As it is expected that investments in the implementation of these targets will increase significantly, one of the solutions frequently mentioned in the discussions on potential changes in fiscal rules at the EU level is […]
According to preliminary data, the state budget deficit amounted to EUR 260 million in the first three months of 2022, while without the direct effect of COVID-related measures, there would have been a surplus of EUR 15 million. The state budget balance in both comparisons was better than in the same period last year, which […]
The Fiscal Council, together with the European Commission (DG REFORM) and the Danish DREAM Institute (https://dreamgroup.dk/), held today an initial meeting within the project aided by the Technical Support Instrument (more information is available at: https://ec.europa.eu/info/overview-funding-programmes/technical-support-instrument-tsi_en) for developing a long-term public finance model. In addition to the aforementioned institutions, the meeting was attended by representatives […]
The state budget had a surplus of EUR 94 million according to preliminary data during the first two months of 2022, or EUR 240 million not counting the direct effect of COVID measures. The state budget balance in both comparisons was better than in the same period last year, which is mainly the result of […]