arrow_back Civic Audit
Share share

Fiscal Council: Independent Body for Reviewing Forecasts and Budget Drafts

The Act establishes an independent Fiscal Council tasked with issuing opinions on macroeconomic forecasts and budget drafts regarding their compliance with national and EU fiscal rules. The Minister of Finance is obliged to comply with the Council's opinions or explain the reasons for non-compliance within 2 months, publishing the explanation in the Public Information Bulletin.
Key points
Establishment of an independent Fiscal Council to review macroeconomic forecasts and budget drafts.
Obligation for the Minister of Finance to comply with the Council's opinions or explain reasons for refusal within 2 months.
The Council assesses the budget draft's compliance with, among others, the public debt limit and EU economic governance frameworks.
Council members must meet high competency requirements and submit asset declarations under penalty of criminal liability.
Introduction of amendments to the Public Finance Act regarding expenditure limits and fiscal rules.
article Official text account_balance Process page notifications_active Track this Bill
53%
VOTING RESULTS
2024-11-21
For 238
Against 198
Abstain 11
gavel
Status:
Enacted
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 10_750
Process start date: 2024-10-29
Voting date: 2024-11-21
Meeting no: 22
Voting no: 79