{"id":9954,"date":"2021-10-06T09:29:38","date_gmt":"2021-10-06T07:29:38","guid":{"rendered":"https:\/\/www.rrz.sk\/?p=9954"},"modified":"2023-06-21T15:06:24","modified_gmt":"2023-06-21T13:06:24","slug":"report-on-compliance-with-the-fiscal-responsibility-and-fiscal-transparency-rules-for-2020-summary","status":"publish","type":"post","link":"https:\/\/www.rrz.sk\/en\/report-on-compliance-with-the-fiscal-responsibility-and-fiscal-transparency-rules-for-2020-summary\/","title":{"rendered":"Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2020 (Summary)"},"content":{"rendered":"<p>In order for Slovakia to achieve a sustainable fiscal performance, an amendment to the constitutional Fiscal Responsibility Act needs to be adopted urgently.<\/p>\n<p>The ultimate objective for budgetary responsibility is to achieve sustainable public finances. The protection of long-term sustainability of the Slovak Republic in regard to compliance with the principles of transparency and public spending efficiency was also enshrined in an amendment to the Constitution of the Slovak Republic in 2020.<\/p>\n<p>Even before the outbreak of the crisis, the long-term sustainability indicator has reached a high risk level and, therefore, was the worst since 2013. Due to the crisis, however, the situation has naturally deteriorated even further and Slovakia\u2019s sustainability of public finances is now the worst also within the EU.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9962 size-full\" src=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2021\/10\/compliance_rules_2020-1.png\" alt=\"\" width=\"991\" height=\"413\" srcset=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2021\/10\/compliance_rules_2020-1.png 991w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2021\/10\/compliance_rules_2020-1-300x125.png 300w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2021\/10\/compliance_rules_2020-1-768x320.png 768w, https:\/\/www.rrz.sk\/wp-content\/uploads\/2021\/10\/compliance_rules_2020-1-480x200.png 480w\" sizes=\"auto, (max-width: 991px) 100vw, 991px\" \/><\/p>\n<p>Find the whole Summary <a href=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2021\/10\/compliance_rules_for_2020_final.pdf\" target=\"_blank\" rel=\"noopener\">HERE<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order for Slovakia to achieve a sustainable fiscal performance, an amendment to the constitutional Fiscal Responsibility Act needs to be adopted urgently. The ultimate objective for budgetary responsibility is to achieve sustainable public finances. The protection of long-term sustainability of the Slovak Republic in regard to compliance with the principles of transparency and public [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"h5ap_radio_sources":[],"footnotes":""},"categories":[110,158],"tags":[73,74,219],"class_list":["post-9954","post","type-post","status-publish","format-standard","hentry","category-evaluation-reports","category-publications","tag-evaluation-of-compliance-with-the-balanced-budget-rule","tag-evaluation-reports","tag-general-government-budget"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2020 (Summary) - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rrz.sk\/en\/report-on-compliance-with-the-fiscal-responsibility-and-fiscal-transparency-rules-for-2020-summary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2020 (Summary) - Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165\" \/>\n<meta property=\"og:description\" content=\"In order for Slovakia to achieve a sustainable fiscal performance, an amendment to the constitutional Fiscal Responsibility Act needs to be adopted urgently. The ultimate objective for budgetary responsibility is to achieve sustainable public finances. The protection of long-term sustainability of the Slovak Republic in regard to compliance with the principles of transparency and public [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rrz.sk\/en\/report-on-compliance-with-the-fiscal-responsibility-and-fiscal-transparency-rules-for-2020-summary\/\" \/>\n<meta property=\"og:site_name\" content=\"Rada pre rozpo\u010dtov\u00fa zodpovednos\u0165\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-06T07:29:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-21T13:06:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rrz.sk\/wp-content\/uploads\/2021\/10\/compliance_rules_2020-1.png\" \/>\n<meta name=\"author\" content=\"\u017dofia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u017dofia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rrz.sk\/en\/report-on-compliance-with-the-fiscal-responsibility-and-fiscal-transparency-rules-for-2020-summary\/\",\"url\":\"https:\/\/www.rrz.sk\/en\/report-on-compliance-with-the-fiscal-responsibility-and-fiscal-transparency-rules-for-2020-summary\/\",\"name\":\"Report on Compliance with the Fiscal Responsibility and Fiscal Transparency Rules for 2020 (Summary) - 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