Report on the Long-term Sustainability of Public Finances

The drawing up of the Report on the Long-term Sustainability of Public Finances is one of the main tasks of the Council for Budget Responsibility (“CBR”) laid down in the constitutional Fiscal Responsibility Act. The objective of this report is to evaluate the situation in public finances over the next fifty years, taking into account the government’s fiscal performance and the setup of policies, while also considering the macroeconomic development.

The CBR prepares and publishes its long-term sustainability report, including the baseline scenario and determination of the long-term sustainability indicator, each year as of 30 April, and always within 30 days of the parliamentary debate on the incoming government’s manifesto and vote of confidence in the new government.

SoDU – ENG
Report on the Long-term Sustainability of Public Finances for 2023 (Key conclusions)
In the upcoming decades, Slovakia will face rising costs stemming from demographic developments, which will expose public finances to an ever-increasing pressure[1]. One of the main tasks of the Council for Budget Responsibility (“CBR”) laid down in the Fiscal Responsibility Act[2], is to publish the Report on the Long-term Sustainability of Public Finances. The report evaluates whether public policies, in conjunction with the assumed demographic and macroeconomic development, have been set up in a sustainable manner from the perspective of public finances.
  • 13. 5. 2024
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Special Report on the Long-Term Sustainability of Public Finances
  • 15. 12. 2023
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Report on the Long-term Sustainability of Public Finances 2022 (April 2023)
  • 20. 7. 2023
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Report on the Long-term Sustainability of Public Finances (April 2022)
  • 17. 5. 2022
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Report on the Long-term Sustainability of Public Finances (May 2021)
  • 24. 8. 2021
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Report on the Long-term Sustainability of Public Finances (April 2020)
The long-term sustainability in 2019 was not achieved. The long-term sustainability indicator reached 4.2 % of GDP and thus the risk of public finances becoming unsustainable in the long run increased, but remained in the medium-risk zone.
  • 30. 4. 2020
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Report on the Long-term Sustainability of Public Finances (April 2019)
The long-term sustainability of public finances was not achieved in 2018. The long-term sustainability indicator reached 1.32 % of GDP, thus moving away from the low risk threshold for long-term sustainability.
  • 30. 4. 2019
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Report on the Long-term Sustainability of Public Finances (April 2018)
The long-term sustainability indicator reached 1.1 % of GDP in 2017. In order to keep the general government debt below the debt ceiling (50 % of GDP) over the next fifty years, it is necessary to adopt (beyond the framework of baseline scenario assumptions) additional measures totalling some 1.1 % of GDP in the medium term.
  • 28. 4. 2018
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Report on the Long-term Sustainability of Public Finances (April 2017)
The long-term sustainability of public finances improved further when public finances in 2016 got on a sustainable footing in the long run for the first time ever.
  • 4. 5. 2017
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Report on the Long-term Sustainability of Public Finances (April 2016)
The long-term sustainability of public finances remained unchanged in 2015 and the long-term sustainability indicator reached 1.4 % of GDP.
  • 29. 4. 2016
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Report on the Long-term Sustainability of Public Finances (April 2015)
In contrast to the two preceding years, Slovakia’s long-term sustainability of public finances in 2014 deteriorated. The main reason lies in the worse starting position, which was due to the year-on-year increase in general government deficit, even if adjusted for temporary effects.
  • 30. 4. 2015
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Report on the Long-term Sustainability of Public Finances (April 2014)
The year 2013 was yet another year of improvement in the long-term sustainability of public finances in Slovakia.
  • 28. 4. 2014
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Report on the Long-term Sustainability of Public Finances (April 2013)
One of the main tasks of the Council for Budget Responsibility is to draw up annual Reports on the Long-term Sustainability of Public Finances (as of 30th April).
  • 29. 4. 2013
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Report on the Long-term Sustainability of Public Finances (December 2012)
One of the main tasks of the Council for Budget Responsibility is to draw up Reports on the Long-term Sustainability of Public Finances.
  • 12. 12. 2012
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