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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 the national medium-term budgetary fiscal-structural plan and the annual progress report.
In accordance with the tasks conferred to it under article 8, point b), of the law of 12 July 2014 on the coordination and governance of public finances, as amended (law of 12 July 2014, as amended), the National Council of Public Finance (CNFP) presents its assessment of the accuracy of forecast of budgetary data.
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”.
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.