The proposed budget documents set out an additionally stimulative fiscal policy for the coming years, over and above that included in the documents currently in force, although there are already signs of overheating in the economy, with supply-side constraints emerging. This increases the risk that the temporary exceptional increase in public spending, which was largely […]
The proposal of the amended Framework allows for additional fiscal stimulus, given that economic conditions are better than expected at the time when the current Framework was drawn up. A significant increase in expenditure in 2021 would set the stage for an inappropriate structural deterioration of public finances in the future. According to the Fiscal […]
According to provisional data, the state budget deficit amounted to EUR –2.453 billion in the first nine months of 2021, while without the direct effect of COVID-related measures the deficit would have amounted to EUR –388 million. A deficit of EUR –2.747 billion is envisaged in the state budget for the whole year. Revenue in […]
The Fiscal Council assesses that, based on currently available information and forecasts, the conditions for the existence of exceptional circumstances will continue to be met in 2022. The existence of exceptional circumstances in 2022 only allows for flexibility in the conduct of fiscal policy to directly deal with the challenges brought by the epidemic, while […]
In accordance with the first paragraph of Article 9 of Fiscal Rule Act which provides that the President of Fiscal Councill shall notify the Government six months prior to the expiry of the office of members of the Fiscal Council, the President of Fiscal Council has today communicated the Government of Slovenia about the expiry […]
According to provisional data, the state budget deficit amounted to EUR –2.412 billion in the first eight months of 2021, while without the direct effect of COVID-related measures the deficit would have amounted to EUR –402 million. A deficit of EUR –2.747 billion is envisaged in the state budget for the whole year. Revenue in […]