By: Spletni časopis
“According to the Fiscal Council’s projections, the general government deficit is expected to increase to approximately –2.5% of GDP by 2028, primarily due to rising current expenditures linked to changes in the public sector wage system. The realisation of such trends would represent a deviation from the fiscal rule and would increase risks to the sustainability of public finances. Despite favourable financing conditions and investor confidence, the Fiscal Council warns that such a situation is not guaranteed. Experience shows that if fiscal policy loses credibility, credit ratings and financial market sentiment can deteriorate rapidly.”
This is what the Fiscal Council wrote in its assessment of the budgetary documents for 2026 and 2027. The Council’s analysis indicates that fiscal policy is diverging from the path of medium-term consolidation outlined in the 2025–2028 Medium-Term Fiscal-Structural Plan.
The Fiscal Council emphasises the need for:
– Alignment of budgetary policy with the Plan,
– Limiting the growth of current expenditures,
– Efficient and transparent use of public funds,
– Gradual and timely adjustments to ensure stability and maintain trust in the sustainability of Slovenia’s public finances.
I presented the achievements and budgetary plans of Robert Golob’s government in Spletni časopis using a graphic illustration.
The full assessment by the Fiscal Council is as follows:
Assessment_October2025Download