NEWS

Press information of the FISK-office (DE)

of April 14, 2023

Budgetary outlook 2023 and 2024 – A quick assessment of the Office of the Austrian Fiscal Advisory Council

Press information of the FISK-office (DE)

of March 7, 2023


Press information (DE)                      

of December 12, 2022


General government gross debt – Austria
General government balance – Austria
EU fiscal rules applied for Austria: Maastricht criteria
EU fiscal rules applied for Austria: structural requirements

 
EU fiscal rules
 
    EC estimate FISK estimate MoF estimate
  2021 2022 2023 2022 2023 2022 2023
 
Maastricht deficit of no more than 3% of GDP
MTO of no more than −0.5% of GDP general escape clause
Government expenditure growth
Reduction of debt ratio
 
Legend: … compliant with fiscal rule and significant deviation; … not compliant with fiscal rule,  …not compliant with fiscal rule and significant deviation
EC … European Commission; FISK … Fiscal Advisory Council; MoF … Ministry of Finance
Source: Fiscal Advisory Council fiscal forecast (autumn 2022).

The Fiscal Advisory Council is an independent body responsible for monitoring the fiscal discipline of government entities in Austria. It consists of 15 members that are mandated to act independently. Its Office is attached to the Oesterreichische Nationalbank (OeNB).

The Fiscal Advisory Council analyzes Austria’s public finances, monitors compliance with national and EU fiscal rules and contributes to the public debate.


Here you can find all press materials published by the Fiscal Advisory Council. You may also subscribe to a newsletter to receive press materials.