Speech delivered by President Kračun at the meeting of the Committee on Finance
The Fiscal Council has been invited to attend the 61st extraordinary meeting of the Committee on Finance, held on 12 March 2025 to discuss the agenda item: Legislative proposal on Fiscal Rule Act (ZFisP-1), second reading, EPA 1948-IX.
Slovenia has committed itself to establishing the Fiscal Council by ratifying the international Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, based on which the fiscal rule was integrated into the Constitution in 2013, while in 2015 an implementing act – the Fiscal Rule Act – was adopted.
The Fiscal Council is an independent and autonomous state authority supervising the management of the fiscal policy. Its fundamental task is to monitor the compliance with the fiscal rule, the medium-term balance between revenue and expenditure without borrowing, except in exceptional circumstances, and to monitor the implementation of the EU legislation regulating the economic governance in Member States.
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