MPs will vote at first reading on changes to the law on the Fiscal Council and automatic correction mechanisms. The cabinet sent the bill to parliament, and it is on the approved work programme.
Under the bill, the council would have to approve the finance minister's spring and autumn macroeconomic forecasts no later than five working days after it receives them.
The bill cites EU Regulation No 473/2013. It says the regulation requires an independent fiscal body to draw up or approve the forecasts on which national multi-year budget planning and draft budget plans are based.
The council would also get more analytical work. It would monitor whether the numerical fiscal rules are followed. It would also regularly give an impartial and full assessment of the finance minister's finished macroeconomic and budget forecasts. At least once during its term, it would assess whether the budget framework is consistent, coherent and effective.
The council would give opinions on the macroeconomic assumptions in the net expenditure plan, which is part of the national medium-term fiscal-structural plan. It would also check whether reported budget results match that plan. The bill says these tasks fit the reformed EU rules.
For its new tasks, the council must adopt a methodology that is objective and consistent and follows good European and international practice.
Its assessments and opinions would not be binding. If the cabinet or the minister in question rejects one, they must explain why in writing and publish their reasons within two months.
MPs will debate changes to the law on veterinary medical activity at second reading.
Four ministers will answer MPs' questions in parliamentary oversight: Natalia Efremova, Ivan Shishkov, Evtim Miloshev and Iva Petrova.
Comments (1)
Фискален съвет, а? Звучи яко... Какво значи "одобряват" обаче? Дано не стане като с другите одобрения де.