Under the Fiscal Rule Act, the Fiscal Council is obliged to submit a report on its activities in the previous year to the National Assembly of the Republic of Slovenia by the end of May each year. In accordance with this Act, the Fiscal Council is an independent and autonomous state body that prepares and publicly publishes assessments of the compliance of public finance policy with fiscal rules.
In 2025, the Fiscal Council fulfilled all obligations prescribed by the law. In doing so, it strove to ensure the transparency of public finances, cooperated with the media and institutions at home and abroad, and regularly monitored fiscal trends. The Fiscal Council’s warnings in 2025 were primarily directed at the anticipated fiscal trends, which had already indicated a tendency to deviate from the commitments set out in the Medium-Term Fiscal and Structural Plan for 2025–2028.
In 2025, a revised Fiscal Rule Act was adopted, bringing it in line with the amended EU legislation. Fiscal Council took an active part in the process of amending legislation, which added certain new tasks to its workload while maintaining its current role as an independent institution in budgetary processes. The year 2025 also marked the first year of implementation of the reformed economic governance framework in the EU, which places greater emphasis on medium-term planning, growth in net adjusted expenditure and the responsibility of Member States for their own fiscal commitments. It is therefore crucial that national budgetary planning is not merely reduced to a formal fulfilment of EU requirements, but becomes an actual framework for forming a stable, predictable and sustainable fiscal policy.
The Fiscal Council will continue to independently monitor public finance trends, the implementation of the Medium-Term Fiscal and Structural Plan, and the consistency of fiscal policy with ensuring public finance sustainability. It will also warn of risks that could threaten sustainability and contribute to a more transparent public debate on the country’s priorities. Sustainable public finances are not an end in themselves. They are a prerequisite for a stable economic environment, for maintaining trust and for the state’s ability to ensure the development and well-being of the population even in uncertain circumstances.