Sentence examples for fiscal council from inspiring English sources

George Kopits, the head of its fiscal council, says a good fiscal-stability framework has four main features.

It has cut funding for the country's independent fiscal council and packed other important oversight posts with reliable party loyalists.

In fact, as the Office for Budget Responsibility (OBR), Britain's version of a fiscal council, pointed out on the day, the upturn in the economy is cyclical.

It has also set up an independent fiscal council to monitor compliance with budget-balance targets.The combination of these cuts and a big IMF loan is having a marked effect.

The EU and the IMF have pulled out of talks over a precautionary line of credit for Budapest because they believe Fidesz is undermining the independence of the central bank and national fiscal council.

A fiscal council could monitor compliance with a budget-balance target, consistent with a stable or falling debt burden, leaving politicians to make tax and spending decisions within those limits.

They should be backed by institutions such as independent fiscal councils.

Such tensions regarding the role of knowledge and the nature of policy making are epitomised and can be explored through an examination of the status and operations of independent fiscal councils (IFCs).

The aim of this paper is to review the rationale, nature and operation of independent fiscal councils (IFCs) in order to gain insights into how futures are being configured at executive levels of government and to examine how futures could be incorporated in policy making.

Fiscal councils have been in existence since the middle of the twentieth century, but it was the Global Financial Crisis in 2008 09 and the  significant increases in government deficits and debts that followed that gave real impetus to the development of IFCs and a trebling in the number of IFCs since 2008.

Unfortunately, the draft falls short because it does not set up an independent fiscal policy council.