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Tuesday, August 9, 2022

Slovenian government adopts Stability Programme, fiscal policy stays expansive

By: J.S., STA

The government adopted the Stability Programme. Slovenia’s fiscal policy remains expansive as temporary departures from the pact’s rules are allowed at the EU level due to Covid-19.

Two main goals in the Stability and Growth Pact are a maximum general government deficit of 3% of GDP and limiting general government debt at 60% of GDP. The key role will be played by funds from the EU recovery fund, the unused cohesion funds for the 2014-2020 period and first funds as part of the 2021-2027 multi-year budget, the government said.

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