News

04/07/2020

Opinion of the Fiscal Council issued at the adoption of measures to mitigate the consequences of the COVID-19 epidemic

On 2 April 2020, the National Assembly approved the Act Determining the Intervention Measures to Contain the COVID-19 Epidemic and Mitigate its Consequences for Citizens and the Economy (hereinafter: the Act). International organisations recommend that measures be implemented in a rational order by addressing, as far as possible and as effectively as possible, the areas […]

03/17/2020

Introduction of conditions enabling the application of exceptional circumstances under the Fiscal Rule Act, and the publication of the assessment of the Coalition Agreement

The Fiscal Council concluded that the declaration of the epidemic in Slovenia constitutes an unusual event under Point 2 of Paragraph one of Article 12 of the Fiscal Rule Act (ZFisP) enabling the application of exceptional circumstances to measures mitigating the consequences of such an event, and hence allowing a deviation from the medium-term balance […]

03/11/2020

Fiscal Council held a meeting with Prime Minister elect Mr Janez Janša

The Prime Minister elect Mr Janez Janša responded to the invitation and visited the Fiscal Council together with Mr Andrej Šircelj, the candidate for the Minister of Finance, today. During an informal meeting the Fiscal Council expressed its views on the general government position in Slovenia. The discussion also addressed current major macroeconomic and public […]

03/05/2020

Postponement of the conference Long-term sustainability of Public Finance in Slovenia

Due to the increasing number of cancellations of international meetings around the world, the difficulties with traveling and, consequently, the cancellation of some international participants at the Ljubljana conference, the conference “Long-term Sustainability of Public Finance of Slovenia”, which should be held on March 20, 2020, is postponed to autumn 2020. The exact date will […]

01/29/2020

Conference: Long-Term Sustainability of Public Finance in Slovenia

The Fiscal Council in partnership with the European Commission Representation in Slovenia is organizing a conference on ‘Long-Term Sustainability of Public Finance in Slovenia’. The conference will take place in Ljubljana on 20 March 2020.

01/08/2020

Public Finance and Macroeconomic Developments, January 2020

In the first three quarters of 2019, the general government balance recorded a surplus of 0.7% of GDP and was thus within the forecast of the October Draft Budgetary Plan, which projected a surplus of 0.8% of GDP for the whole of 2019. Achieving the nominal surplus was mainly the result of further improvement in […]

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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