Fiscal Responsibility Oversight Committee Releases 2018 Annual Report

The Fiscal Responsibility Oversight Committee (FROC), in accordance with the Fiscal Responsibility Act (FRA) No. 29 of 2015, attaches its FROC 2018 Annual Report.

The FROC’s first two reports covered the fiscal years 2016 and 2017 and were submitted to the Clerk of Parliament on 21 November 2017 and 30 April 2018 respectively. This report reviews the government’s fiscal and debt performance in 2018, based on the data provided by, and discussions with, the Macroeconomic Policy Unit (MPU). It assesses the variances between the actual and targeted performance of government as well as government’s overall implementation of the Act.

Fiscal Responsibility Oversight Committee

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