Existence of requirements and limitations for borrowing in the legal framework
Expert review of legislation.
For each of the following three criteria for the legal framework, 1 point is awarded (total of 3 points).
Criteria fulfilled: 2/3
Yes
No
No data available / not assessed
Public debt is defined in the law in line with the ESA2010 definitions (1 point) | |
Only one single debt management entity (MoF/treasury) can carry out central government borrowing according to legislation (1 point) | |
The annual budget law defines the limits for annual borrowing and state loan guarantees (1 point) |