PUBLIC FUNDS
Basic introductory information on the thematic area
Fiscal policy is one of the main macroeconomic policies for preserving the macroeconomic stability and creating a favourable environment for medium- and long-term accelerated, inclusive and sustainable economic growth. Prudent management of public finances ensures macro-financial sustainability, smooth performance of the vital functions of the country, as well as efficient and successful implementation of strategic government priorities.
Subareas:
Budget revenues, budget expenditures, public debt, intergovernmental fiscal relations.
Contribution of the thematic area/potential of the thematic area to contribute to the development of the country
By improving the quality and expanding the range of public services, successfully implementing properly selected investment projects and at the same time preserving the fiscal sustainability, long-term development priorities can be realized. Only that national development strategy, for the implementation of which satisfactory budget funds have been allocated, can enable inclusive and sustainable prosperity and improvement of the quality of life of the citizens.
Thematic analysis / diagnostics
Public finances and fiscal policy
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