Strength of the fiscal rules
Review of data from the Ministry of Finance (MoF), legislation, the medium-term expenditure plans, reports of a fiscal council and reports of the supreme audit institution (SAI).
Points are assigned for each of the following four criteria (total of 5 points).
Criteria fulfilled: 3/4
Yes
No
No data available / not assessed
| The government has established clear quantitative fiscal rules at least for the total levels of public debt level and the deficit (1 point) | |
| The fiscal rules for public debt and deficit are defined in a law with strict correction procedures (1 point) | |
| Within the last two fiscal years, the government has not violated the fiscal rules, whether they are set in a law or as a written political commitment (they may be stipulated in the MTBF, government work programme or other similar formal document) (2 points) | |
| An authority independent of the government, such as a fiscal council, reviews the MTBF and budget proposals, including the enforcement of the fiscal rules, and publishes its report before the parliament adopts the annual budget bill (1 point) |