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On 25 March 2021, pursuant to paragraph two of Article 12 of the Fiscal Rule Act the Government of the Republic of Slovenia communicated a decision of the 66th regular session of 24 March 2021 requesting the Fiscal Council to assess the existence of the exceptional circumstances in 2022. The Fiscal Council notes that in […]

The general government debt mirrors imbalances in public finances, which makes it one of the most important indicators of the macroeconomic situation. After the general government debt failed to reach pre-crisis levels following its significant increase in the previous global financial crisis, the current crisis contributed to its renewed strong increase in Slovenia and in […]

According to the preliminary data, the state budget deficit in the first two months of 2021 was EUR 661 million, which is almost a quarter of the projected deficit for the whole of 2021. The deficit would be smaller (EUR −128 million) without considering COVID measures. The monthly cost of COVID measures with a direct effect on the state budget balance was EUR 65 million […]

Being undertaken due to the epidemiological crisis, the extensive measures are reflected in the significant increase in general government expenditure, while general government revenue has also seen a substantial decline due to the restrictions imposed on a range of economic activities resulting in a severe economic downturn. The deterioration of public finances is predominantly a […]

According to provisional data, the state budget deficit amounted to EUR 434 million in January 2021, and without the effect of COVID-related measures the state budget would have had a slight surplus (EUR 36 million). The monthly cost of COVID-related measures with a direct effect on the state budget balance was EUR 472 million in […]

In accordance with the Fiscal Council’s expectations, the state budget deficit in 2020 was EUR 3.5 billion and therefore smaller than the revised budget projections (EUR 4.2 billion). The scope of all implemented COVID measures in 2020 amounted to EUR 2.9 billion and to EUR 2.4 billion for the measures having direct effect on general […]