In accordance with the Fiscal Rule Act, the Fiscal Council is obliged to submit to the National Assembly a report on its operations in the previous year by the end of May each year. The first part of the report describes the structure and various levels of operations of the Fiscal Council in the first year of its existence. In 2017 the Fiscal Council elaborated several assessments of the budgetary documents as imposed by the legislation, and at the same time responded to the macroeconomic and economic-political events that marked the past year. The second part of the report presents selected topics that the Fiscal Council has examined in detail and/or that constitute the basis for the opinions and assessments provided.