In April 2016, the newly formed government decided to postpone the meeting of the medium-term objective from 2017 to 2019, failing thus to take advantage of positive effects, including a favourable economic development, to accelerate consolidation efforts and bring the gross debt below the sanction thresholds; the CBR views this as negative, in particular with respect to the purposes of the constitutional Fiscal Responsibility Act.
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Evaluation of the General Government Budget Proposal for 2017-2019 (November 2016)
- 16. 11. 2016