Fiscal Council of Bulgaria joins the Network of EU IFIs

The Fiscal Council provides independent monitoring and analysis of the budgetary framework in order to maintain sustainable public finances and improve the quality of official macroeconomic and budgetary projections in Bulgaria and monitors compliance with numerical fiscal rules laid down in the Public Finance Act of Buglaria. The Council prepares opinions on the spring and autumn macroeconomic forecasts of the Ministry of Finance, as well as the bill on the state budget and bills on the budget of state social insurance and budget of the National Health Insurance Fund.