Fiscal policy recommendations

At least twice a year, the Fiscal Advisory Council assesses Austria’s fiscal and macroeconomic performance and offers recommendations on the fiscal stance of central, regional and local governments and on structural reform issues identified. As a rule, these assessments and recommendations are directly linked to the Council’s analyses and fiscal forecasts presented in the public finance report and the fiscal rules compliance report. The fiscal policy recommendations are submitted to the Federal Minister of Finance and to the Austrian parliament and are discussed by the parliamentary Budget Committee.

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