News

The deviations of the macroeconomic and fiscal forecasts for the 2020–2023 period were larger than the long-term average. This is partly understandable, as this period was marked by large unexpected shocks. Although the 2020 intervention legislation provided for 2020 and 2021 to be excluded from the ex post analysis of forecast deviations, it is important […]

Both the general government and the public finance budgets are running deficits at the start of the year. This is the result of high growth in “core” expenditure, against a background of favourable revenue dynamics, mainly reflecting labour market conditions and also high nominal wage growth due to inflation. The end-of-year deficits, as estimated by […]

The fiscal position improved last year; contrary to the Government’s plans, the fiscal policy was relatively restrictive. The reduction in the general government deficit below the Maastricht limit was made possible by the favourable macroeconomic situation, particularly in terms of public finance. Realised public spending was within the adopted three-year framework. Given that, when the […]

The Fiscal Council concluded a multi-year project with which we obtained a new model tool for assessing the long-term sustainability of public finances, with an emphasis on risks due to demographic changes. The project was financed by the European Commission within the Instrument of Technical Support to Member States (https://commission.europa.eu/funding-tenders/find-funding/eu-funding-programmes/technical-support-instrument/technical-support-instrument-tsi_sl ). The Danish DREAM Institute […]

According to preliminary data, the state budget, excluding the direct impact of intervention measures, recorded a surplus of EUR 210 million in the first five months of 2024, which was similar to the figure in the same period last year (EUR 237 million). The growth of “core” revenue (excluding intervention measures) was higher on average […]

According to 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. Under this law, adopted in June 2015, the Fiscal Council is an autonomous and independent state authority […]