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The National Council of Public Finance (CNFP) - the independent institution monitoring the public finances of Luxembourg - presents its latest "Assessment of Public Finances". The assessment has been prepared on the basis of the draft budget for 2020 as well as the draft multi-annual financial programming law for 2019-2023.
In accordance with the provisions of the 12 July 2014 law, the CNFP has assessed compliance with the structural balance rule on the basis of the figures transmitted to the European Commission (Eurostat) in the so-called “EDP notifications”.
In accordance with the provisions of the 12 July 2014 law, the CNFP has assessed compliance with the structural balance rule on the basis of the figures transmitted to the European Commission (Eurostat) in the so-called “EDP notifications”.
By Grand Ducal Decrees (9 January 2019 and 1st March 2019), the CNFP has been constituted.
Find out more about the tasks, functioning and work programme of the National Council of Public Finance.
The CNFP is an independent body monitoring fiscal rules as well assessing macroeconomic and budgetary forecasts.
Feel free to contact us to find out more about the CNFP.