News

The scale of the August floods in Slovenia represents an exceptional macroeconomic and fiscal shock. Although their financial impact is currently unknown, the draft revised state budget for 2023 is only the first step in the budgetary financing aimed at addressing the large financial impact of the floods. The impact will be more clearly reflected […]

In the first half of this year, the fiscal situation deteriorated slightly, which is mostly related to high inflation. Its initial positive impact on revenue, which was noticeable last year, has gradually faded and with a certain delay the pressure on expenditure increased, as expected. The direct impact of intervention measures has been slightly less […]

In 2022, the general government deficit was high (-3.0% of GDP), despite a decrease compared to the previous year, which was mainly due to the smaller scope of the intervention measures. The deterioration in the fiscal position excluding this effect was mainly due to a significant decline in the revenue-to-GDP ratio, mainly as a result […]

In the first five months of the year, the state budget recorded a deficit (of EUR 226 million), and, excluding the impact of expenditure to contain the epidemic (EUR 101 million) and the measures to ease the cost-of-living crisis (EUR 362 million), a surplus in the amount of EUR 238 million. The evolution of the […]

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 […]

This year’s draft revised budget foresees a high general government deficit (-4.5% of GDP), equally affected by the intervention measures to cushion the impact of the cost-of-living crisis and the epidemic and the “core” deficit (excluding the impact of intervention measures). The latter is also the only reason for the significant increase in the deficit […]