Assessment by the Fiscal Council: Compliance of the draft Ordinance amending the Ordinance on the framework for the preparation of the general government budgets for the 2020–2022 period with the fiscal rules
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 […]
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 […]