Fiscal Council consultation on fiscal rule changes

On 25 January 2022, the Fiscal Council held an internal consultation on aspects of fiscal rule changes. The consultation was attended by Matej Avbelj, Anže Burger, Jože P. Damijan, Igor Masten, Mojmir Mrak and Dušan Mramor. The participants presented differing views about the need to change existing fiscal rules and about the potential path to making these changes. The majority agreed that changes or at least minor adjustments to existing fiscal rules for economic or political reasons were likely needed.

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.

We use cookies. - Find out more about cookies.

We only use cookies necessary for proper website operation and to support its language versions. The cookies will not be used for analytical purposes.

Name	Purpose	Expiry
pll_language	The cookies remember user’s language selection.	1 year
TS(...)	Web server hosting web pages of Fiscal Council (i.e. server of the Ministry of Finance) for its full functionality offers to users a session cookie, which for providing its full functionality offers a session cookie (to users) which name starts by TS and continues by arbitrary hexadecimal value [0-f], i.e. ‘TS015ff37’ necessary to ensure appropriate service level.	Session