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Wednesday, July 6, 2022

Fiscal Council sees coalition agreement as vague

By: P.T., STA

The Fiscal Council criticised the coalition agreement as being too vague, warning against a possible increase in expenditure that could outstrip that of revenue.

The advisory body believes the document, which contains a set of largely broadly defined measures that go beyond the four-year term, does not provide a sufficient basis for fiscal planning, due to the high degree of vagueness, both in terms of the scope and the timing of the measures. It expects the government to specify the fiscal implications of the measures.

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