From Parliament, we learn that the new center-right coalition in the meeting of the Committee on finance and monetary policy rejected by the law on public finance. If the Slovenian Government writes rules that will provide the appropriate discipline in the spending of public funds.
A proposal of a novel law on public finance, the Government of Borut Pahor proposal set measures to ensure the sustainability of public finances, after the assessment of the parent Committee for finance and monetary policy REPORT is not suitable for further consideration. Such a decision, the Committee will propose for adoption at an extraordinary meeting Thursday DZ.
To the novel proposal – the law shall evaluate as unfit for further consideration, the members of the Committee suggested Maheshwari (SDS). As he explained, the content did not elaborate and could bring more confusion than value added, in addition, the legislative legal services DZ substantive comments on more than half of the articles. ‘It’s very superficial ready, ” agreed Bojan Starman (DLGV) and called for the immediate start of drafting a new proposal. On the other hand, M Frangež (SD) and Alenka Bratušek (PS) highlighted the President’s parliamentary parties agreed that this law is necessary and should be adopted without delay.
The Government, which carries out day-to-day business, she wanted to provide the legal framework for amendment on the basis of which the new Government immediately started preparing measures against a Secretary of State at the Treasury Department Vraničar P. According to the proposal in the law on public finance imprinted measures to ensure the sustainability of public finances, inter alia, on the restriction of the borrowing and the issue of State guarantees.
The Problem of fiscal sustainability is not a problem only in Slovenia, but the wider European area, said Vraničarjeva. He asked, how will the refusal to accept the proposed the law to respond to the international financial markets, which sometimes are unpredictable. ” It’s hard to say that the us will be tarnished credit rating and raise markups on bonds, but it’s possible, ‘she said.
The representatives of the trade unions of the public sector are sitting next to the predictions of lower public spending and are afraid of losing that cuts in public spending even higher than in the public of 800 million euros. In their opinion, should more than the contraction of expenditure budget work to increase revenue, the action does not exclude the social partners.
More needs to be done on the revenue side of the budget, it’s a little bit wicked, ” said Dan Miščević from 90 and Confederation of trade unions pointed out that as the public finances will not be stabilized overnight, by not going through the shoulder civil servants.