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12/12/2018

Fiscal Council consultation at the end of 2018

Members of the Fiscal Council were confirmed by the Parliament in March 2017, with 2018 being the first full calendar year of Fiscal Council’s operation. At this occasion, Fiscal Council organised a consultation with experts on public finance and on economic policy. The consultation was attended by Anže Burger, PhD, Boris Majcen, PhD, Matjaž Novak, […]

12/06/2018

Fiscal Council hosted the delegation of the International Monetary Fund

On 6 December 2018 Fiscal Council hosted a delegation of International Monetary Fund (IMF) within its regular annual visit to Slovenia. Members of the IMF delegation presented alternative ways of tax restructuring to the Fiscal Council, which was followed by a short discussion on main issues related to this topic.

10/23/2018

Fiscal Council hosted the IMF delegation

On 23 October 2018, the Fiscal Council hosted a delegation of the International Monetary Fund (IMF) within its regular annual visit to Slovenia. The purpose of the visit was to exchange views on the current and expected fiscal position of Slovenia and the medium-term fiscal policy challenges. The discussion focused primarily on the Fiscal Council’s […]

10/15/2018

Statement regarding the Draft Budgetary Plan for 2018 and 2019

The Draft Budgetary Plan is an important document in the context of the coordination and monitoring of economic policies in the EU in which Member States are required to present the main guidelines on the fiscal targets and measures for the coming year prior to the adoption of budget documents in national parliaments. The document […]

09/26/2018

The Fiscal Council’s explanation concerning the published Assessment of fiscal and macroeconomic consequences of the Coalition Agreement on Cooperation within the Government of the Republic of Slovenia in the 2018–2022 term of office

Pursuant to the Fiscal Rule Act the Fiscal Council is an independent and autonomous body required to review compliance with the fiscal rules, thereby guaranteeing the conditions for long-term sustainability of public finance. The Fiscal Council is aware that the coalition agreement is not a budget document and also not necessarily a binding document. Nevertheless, […]

09/18/2018

Assessment of fiscal and macroeconomic consequences of the Coalition Agreement on Cooperation within the Government of the Republic of Slovenia in the 2018–2022 term-of-office

Having examined the measures in the Coalition Agreement, the Fiscal Council established that consistent implementation of these measures could distance Slovenia from its medium-term fiscal objective and ensuring fiscal sustainability. Considering the position of the economy, this would translate as procyclical and hence unsuitable fiscal policy. The Coalition Agreement on Cooperation within the Government of […]

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