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It assesses, among other things, the sustainability of the implemented fiscal policy and its compliance with fiscal rules and issues recommendations in this regard. It assesses the state budget proposal, drawing attention to exceptional circumstances that may cause deviations from the medium-term fiscal balance.
The Fiscal Council is composed of three members appointed by the National Assembly on the proposal of the Government. Members of the Fiscal Council are appointed for a period of five years, but for not more than two consecutive periods.