On 29 November 2017, the Fiscal Council hosted a delegation of the International Monetary Fund (IMF) within its regular annual visit to Slovenia. The purpose of the visit was to exchange views on the current and expected fiscal position of Slovenia and the medium-term fiscal policy challenges, where the discussion focused primarily on the Fiscal […]
In its opinion Regarding the Draft Budget Plan 2018, published today, the European Commission states that the draft budget plan is only partly in line with the fiscal rules applicable to the Stability and Growth Pact. The Fiscal Council findings were similar in its Assessment of the Compliance of Budget Documents for the period 2018-2020 […]
On the basis of the review of the macroeconomic and fiscal trends forecasts the Fiscal Council assesses that the submitted budgetary documents are only partially in compliance with the fiscal rules that apply in the period in which Slovenia has not yet achieved its medium-term fiscal target.
The Fiscal Council calls for accelerated adoption of the new Public Finance Act, so that, among other things, the provisions of the Directive on requirements for budgetary frameworks of the Member States (2011/85/EU) will finally be transposed appropriately and the new act can be applied in budgetary procedures as of the beginning of 2018.
Demographic aging is one of the key challenges of Slovenian fiscal policy. This is a long-term problem, which, however, calls for an immediate response. Without quick action on demographic aging-related expenditure, the conditions for achieving medium and long-term stability of public finances will be tightened, as it will be necessary to establish a significantly higher […]
The Fiscal Council is obliged to assess the compliance of the general government budget from the previous year with the fiscal rules. On the basis of the review of the macroeconomic situation and the developments in public finances the Fiscal Council assesses that in 2016 Slovenia complied with the fiscal rules that apply in periods […]