Report on the Long-term Sustainability of Public Finances for 2024 (Key conclusions)
Slovakia faces rising expenditures due to adverse demographic developments, adding pressure to public finances[1], which are already showing exceptionally high deficits. Preparing reports on the long-term sustainability of public finances is one of the core responsibilities of the Council for Budget Responsibility (CBR), as defined by the constitutional Fiscal Responsibility Act[2]. These sustainability reports assess whether the current public policy framework is fiscally sustainable in the long term, based on projected demographic and macroeconomic developments.
