Council for Budget Responsibility
What do we do?
The Council for Budget Responsibility was formed in 2012 as an independent body set up to monitor and evaluate the fiscal performance of the Slovak Republic. Through its expertise and the use of state-of-the-art analytical tools, the CBR will be holding a mirror up to the government, improve public awareness in the area of public finances, and facilitate better decision-making in the parliament.
Who are we?Brief introduction of chairman and members of the Council for Budget Responsibility.
In line with OECD recommendations for fiscal councils, the CBR appointed a five-member advisory team in December. These internationally-renowned experts in macroeconomics and public finance have been appointed to oversee, in particular, the procedures and methodologies employed by the CBR in the pursuit of its tasks mandated by law. The Advisory Panel is scheduled to convene once a year. Apart from attending the panel’s meetings, its members are available for consultation by electronic means throughout the year. The expertise of the advisors guarantees the high-quality output of the CBR’s work. The advisors perform their function for free.