About the Swedish Fiscal Policy Council

The council assesses the extent to which the Government's fiscal-policy objectives are being achieved. These objectives include long-run sustainability, the budget surplus target, the ceiling on central government expenditure and that fiscal policy is consistent with the cyclical situation of the economy. The council also evaluates whether the development of the economy is in line with healthy long-run growth and sustainable high employment. Additional tasks are to examine the clarity of the Government's budget proposals and to review its economic forecasts and the economic models used to generate them. Finally, the Council should try to stimulate public debate on economic policy.  
 
The Council publishes an annual report to be presented to the Government no later than 15 May each year. Years when there will be an election to the European Parliament, the report must be handed in no later than 10 May. The annual report will be used by the Swedish Parliament in evaluating the Government's fiscal policy. The council also organises conferences and publishes papers on various aspects of fiscal policy.