News

02/03/2023

Speech delivered by President Kračun at the meeting of the Commission for Public Financial Control

The Fiscal Council has been invited to attend the eighth emergency meeting of the Commission for Public Finance Control on 3 February 2023 to discuss the following agenda item: Will public sector pay rises have an impact on the sustainability of public finances? The meeting was attended by the Fiscal Council President, Davorin Kračun, a […]

01/06/2023

Monthly Information, January 2023

According to provisional data, the state budget deficit amounted to EUR 1,394 million in 2022, which is significantly less than in 2021 (EUR 3,080 million), mainly due to lower COVID-related expenditure. In accordance with the Fiscal Council’s expectations, the deficit in 2022 was significantly lower than predicted in the revised budget. Upon the adoption of […]

12/06/2022

Fiscal Council consultation at the end of 2022

At the end of 2022, the Fiscal Council held a regular consultation with experts in public finance and economic policy. Participants to the meeting were Matej Avbelj, Anže Burger, Mitja Gaspari and Janez Šušteršič. On the initiative of the Fiscal Council, the discussion focused on proposed reform of the economic governance in the EU but […]

12/05/2022

Monthly Information, December 2022

According to provisional data, the state budget deficit amounted to EUR 562 million in the first eleven months of 2022; without the direct impact of measures to mitigate the effects of the epidemic and inflation, the state budget would have had a surplus of EUR 298 million. The total deficit was almost EUR 2 billion […]

11/15/2022

Fiscal Council hosted the delegation of the International Monetary Fund

On 15 November 2022, Fiscal Council hosted a delegation of 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, with discussion focusing primarily on the Fiscal Council’s assessments on […]

11/07/2022

Monthly Information, November 2022

According to provisional data, the state budget deficit amounted to EUR -283 million in the first ten months of 2022; without the direct impact of measures to mitigate the effects of the epidemic and inflation, the state budget would have had a surplus of EUR 465 million. Revenue excluding the direct impact of epidemic and […]

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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