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NAO of Lithuania: New Auditor General

NAO of Lithuania: New Auditor General

The National Audit Office of Lithuania is headed by the Auditor General Dr Arūnas Dulkys.
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CPB: The Dutch medium-term outlook and the European budgetary rules

CPB: The Dutch medium-term outlook and the European budgetary rules

CPB Netherlands Bureau for Economic Policy Analysis (CPB) just published the Dutch medium-term outlook and the European budgetary rules.
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AIReF: Assessment of the Kingdom of Spainís Draft Stability Programme

AIReF: Assessment of the Kingdom of Spainís Draft Stability Programme

AIReF has issued the report on the content of the draft Stability Programme Update (SPU) 2016-2019.
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FDP: A Self-Assessment Report

FDP: A Self-Assessment Report

The Latvian Fiscal Disciplne Council has recently published its self-assessment report in light of the OECD core principles for IFIs.
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UPB: Europe in figures 2000-2015

UPB: Europe in figures 2000-2015

The UPB has published a new interactive infographic “Europe in figures 2000-2015” that allows easy analysis and comparison of macroeconomic and public finance trends for the European countries.
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AIReF: Reports on the Kingdom of Spainís Stability Programme Update

AIReF: Reports on the Kingdom of Spainís Stability Programme Update

AIReF has published its Reports on the Kingdom of Spain’s Stability Programme Update 2016-2019.
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AIReF: Assessment of the Economic and Financial Plans 2016-2017

AIReF: Assessment of the Economic and Financial Plans 2016-2017

AIReF has published its report on Assessment of the Economic and Financial Plans 2016-2017 for the Autonomous Regions.
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Independent Advisory Board of the Stability Council: 5th statement

Independent Advisory Board of the Stability Council: 5th statement

The Independent Advisory Board of the Stability Council has recently published its 5th statement on compliance with the upper limit for the structural general government deficit.
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AIReF: Report on compliance with the Budget Stability and debt targets

AIReF: Report on compliance with the Budget Stability and debt targets

AIReF has recently published its Report on compliance with the Budget Stability and debt targets and with the expenditure rule 2016 by the different public administrations.
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Cyprus Fiscal Council: Spring Report 2016

Cyprus Fiscal Council: Spring Report 2016

The Cyprus Fiscal Council has recently published its Spring Report 2016.
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AIReF Report on 2017 macroeconomic forecasts

AIReF Report on 2017 macroeconomic forecasts

AIReF endorses the Government's forecasts for the macroeconomic scenario as likely. AIReF considers the Government's overall macroeconomic scenario to be plausible. Read the report for more information.
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What should a fiscal risk report cover?

What should a fiscal risk report cover?

The Office for Budget Responsibility (OBR) is planning to start publishing a dedicated Fiscal risks report to help promote an informed public debate about the sustainability of the public finances. An interesting new OBR discussion paper seeks views on what should be included in a fiscal risks report.
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The Latvian Fiscal Council commissioned two public opinion surveys

The Latvian Fiscal Council commissioned two public opinion surveys

The first studied the attitude of Latvia’s inhabitants towards paying taxes (carried out by Latvijas fakti). The aim of the second survey was to ascertain people’s opinion on issues pertaining to fiscal policy and budget discipline (carried out by SKDS).
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AIReF: Report on the setting of individual targets for the Regions

AIReF: Report on the setting of individual targets for the Regions

AIReF issues this report with a double perspective: on the one hand, to assess the proposals for individual deficit and public debt targets for the Autonomous Regions (ARs) in 2016 and for the period 2017-2019 submitted by the Ministry of Finance and Civil Service (MINHAFP), and on the other hand, to monitor compliance with the fiscal rules.
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AIReF: Report on the Regionís macroeconomic forecasts for 2017

AIReF: Report on the Regionís macroeconomic forecasts for 2017

AIReF endorses as likely the forecasts for 2017 of all the Autonomous Regions whose forecasts are different from Spain’s forecasts.
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PBO: Report on recent economic development - January 2017

PBO: Report on recent economic development - January 2017

The Report on recent economic developments reviews the evolution of the domestic and international economies, using the available indicators to estimate growth in 2016 and forecast possible performance this year in the light of the international environment and trends in Italy.
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PBO: Report on recent economic developments Ė April 2017

PBO: Report on recent economic developments Ė April 2017

The Parliamentary Budget Office has just published on its website the English version of the Report on recent economic developments (April 2017).
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PBO: Budgetary Planning Report 2017

PBO: Budgetary Planning Report 2017

The Parliamentary Budget Office has just published on its website the English version of the Budgetary Planning Report 2017.
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OBR: Fiscal Risks Report for the United Kingdom

OBR: Fiscal Risks Report for the United Kingdom

The report builds on the analysis of uncertainty that was already published alongside the regular medium-term forecasts and long-term projections for the public finances.
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AIReF: Opinion on the determination of the 2017 Pension Revaluation

AIReF: Opinion on the determination of the 2017 Pension Revaluation

AIReF prescriptive opinion on pension revaluation confirms that a 0.25% increase should be applied in 2017.
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PBO: Report on recent economic developments - July 2017

PBO: Report on recent economic developments - July 2017

The Parliamentary Budget Office has just published on its website the English version of the Budgetary Planning Report for July 2017.
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PBO: Working Paper no. 2/2017

PBO: Working Paper no. 2/2017

PBO: Working Paper no. 2/2017 - Which gap? Alternative estimations of potential output and the output gap in the Italian economy.

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CPB evaluates Coalition Agreement

CPB evaluates Coalition Agreement

The Dutch CPB has published its analysis of the economic and budgetary effects of the financial appendix to the Coalition Agreement.

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PBO: Report on recent economic developments - October 2017

PBO: Report on recent economic developments - October 2017

The Parliamentary Budget Office (PBO), has just published on its website the English version of the October 2017 - Report on recent economic developments. 
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The Latvian fiscal council published its first sustainability report

The Latvian fiscal council published its first sustainability report

The first fiscal sustainability report of the Latvian independent fiscal council was published on 18 December. 

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OECDís review of the Spanish AIReF available online

OECDís review of the Spanish AIReF available online

The OECD has completed and released the review of the Spanish independent fiscal institution AIReF. 
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Luxembourg fiscal council publishes long-term sustainability analysis

Luxembourg fiscal council publishes long-term sustainability analysis

The English Summary Version of the Assessment of Long-Term Fiscal Sustainability.
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IFAC publishes study on estimating Irelandís output gap

IFAC publishes study on estimating Irelandís output gap

Ireland’s independent fiscal watchdog has published a paper examining the relative merits of various methods to estimate Ireland’s output gap.
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AIReF: Executive Summary of the Report on the Macroeconomic Forecasts

AIReF: Executive Summary of the Report on the Macroeconomic Forecasts

Executive Summary of the Report on the Macroeconomic Forecasts for the 2018 Budget of the Autonomous Regions
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PBO: Report on recent economic developments - January 2018

PBO: Report on recent economic developments - January 2018

PBO publishes Report on recent economic developments.
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AIReF: Recommendations issued in Q3 2017

AIReF: Recommendations issued in Q3 2017

A follow up report (Q3 2017) on the recommendations issued by AIReF .
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PBO published the Database of Italian government bonds

PBO published the Database of Italian government bonds

The Parliamentary Budget Office (PBO), has just published on its website the English version of the Database of Italian government bonds.
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PBO: The impact of the crisis on generations: is Italy a special case?

PBO: The impact of the crisis on generations: is Italy a special case?

The Parliamentary Budget Office, has just published on its website the English version of the Flash “The impact of the crisis on generations: is Italy a special case?”
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AIReF: Estimating Output Gap: a Beauty Contest Approach

AIReF: Estimating Output Gap: a Beauty Contest Approach

Over the last decades, the estimation of the slack in the economy has become an essential piece of analysis for policymakers, both on the monetary policy and the fiscal policy front. Output gap estimation techniques have flourished accordingly, although there is no consensus on a best-performing methodology, as the selection criteria often imply important trade-offs. This paper presents a novel approach putting the focus on the specification of the model (“beauty contest” amongst candidate variables) rather than on a prior selection of the methodology itself (model “horse race”).
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AIReF publishes response to OECD recommendations

AIReF publishes response to OECD recommendations

As a follow-up of the OECD external review, AIReF has applied the Comply-or-Explain principle to the 20 recommendations issued by the OECD. The results from this exercise are summarised in this document.
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PBO: Infographic on the refinancing of the Italian debt 2018-2019

PBO: Infographic on the refinancing of the Italian debt 2018-2019

The Parliamentary Budget Office (PBO), has just published on its website the English version of the infographic on the refinancing of the Italian debt 2018-2019 in light of the update of the UPB government securities database as of May 31, 2018.
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Cyprus Fiscal Council - Spring Report Presentation 2018

Cyprus Fiscal Council - Spring Report Presentation 2018

Cyprus Fiscal Council - Spring Report Presentation 2018
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NAOF/ Finland: Fiscal policy evaluation report spring 2018

NAOF/ Finland: Fiscal policy evaluation report spring 2018

The National Audit Office of Finland (NAOF), has just published on its website the English version of Fiscal policy evaluation report spring 2018.

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PBO: Medium-long term projections of pension spending

PBO: Medium-long term projections of pension spending

Publication of the Focus paper no. 8 "Medium-long term projections of pension spending". Read more

UK OBR publishes Long-Term Sustainability report

UK OBR publishes Long-Term Sustainability report

The UK OBR has published a new Long - Term Sustainability Report.
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AIReF produces new demographic forecasts for Spain

AIReF produces new demographic forecasts for Spain

AIReF has undertaken the task of producing its own populations forecast including a measure of uncertainty and using as much as possible information coming from structural relationships.
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UK OBR publishes papers on in-year fiscal forecasting and Brexit

UK OBR publishes papers on in-year fiscal forecasting and Brexit

The UK Office for Budget Responsibility published two new discussion papers.
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Italian PBO publishes Report

Italian PBO publishes Report

The Parliamentary Budget Office (PBO), has just published on its website the English version of the Report on Recent Economic Developments for October 2018. Read more

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