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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 2016 as well as the draft multiannual financial programming law for 2015-2019.

In application of the tasks conferred to it under the 12 July 2014 law on the coordination and governance of public finances (12 July 2014 law), the National Council of Public Finance (CNFP) presents in this document its assessment of the long-term sustainability of public finances in the face of a projected increase in age-related expenditures.

The CNFP - as an independent institution under the 12 July 2014 law - recently adopted its latest "Assessment of Public Finances". This assessment is based on the so-called "Stability and Growth Programme 2018-2022" presented by the Government in late April and sent to the European Commission on 25 April.

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 macroeconomic and budgetary data.

The 'National Council of Public Finance' (CNFP) adopted its first "Assessment of Public Finances" during its 27 May meeting. This assessment is prepared on the basis of the Stability and Growth Programme for the 2015-2019 period.