Assessment of Long-Term Fiscal Sustainability - October 2021

In May 2021, the Working Group on Ageing Populations and Sustainability (AWG) of the European Commission (EC) has published updated demographic, economic and budgetary projections for EU member states within the framework of the Ageing Report (AR) 2021. In this context, the Luxembourg National Council of Public Finance (CNFP) has just published an Assessment of long-term fiscal sustainability, its third evaluation of this kind and that follows two earlier evaluations from October 2017 and June 2018. The CNFP analyzes the impact of these new projections on long-term fiscal sustainability in Luxembourg as well as on the level of the medium-term budgetary objective (MTO).

An English-language executive summary of the assessment can be downloaded through the relevant at the bottom of this page

Last update