The Parliamentary Budget Office (PBO) has completed its validation of the new macroeconomic scenario published in the Draft Budgetary Plan (DBP) issued by the Ministry for the Economy and Finance (MEF).
The validation process, which took account of the increase in the target for the deficit/GDP ratio for next year from 2 per cent to 2.3 per cent, produced a favourable finding. A number of risk factors remain, which could have an adverse impact on the objectives for 2017.
The validation letter and the associated technical comments are published in the PBO’s website.
