Using quarterly data for the period Q1:2000–Q4:2024, the study examines whether elections in EU‑27 member states shape the composition and timing of fiscal policy strategies, and how political, fiscal and institutional constraints condition these dynamics. Employing a two‑way...

Os gastos com transporte constituem uma parte expressiva dos orçamentos públicos municipais no Brasil. Tradicionalmente concentrados em investimentos de capital voltados à infraestrutura viária, os recursos têm sido progressivamente redirecionados para o custeio da operação dos sistemas...

Against the backdrop of ongoing debates on EU financing - such as how to strengthen the link between EU revenues and policies, reduce national contributions, make the EU budget more flexible, and expand the revenue base with sources that support the EU's financial autonomy and policies - other...

Europe is a hub of innovation, science, and industry but it faces tough global competition. To stay competitive and lead in technology, the EU needs stronger, more focused public investment to support businesses and attract private funding throughout the entire investment journey.

We examine the impact of extreme hydrogeological events on local governments' fiscal responses in Italy between 2016 and 2022, with a focus on how local public finances contribute to disaster resilience. Leveraging the staggered timing of disaster declarations and employing a...

Our annual report presents our opinion on whether the EU's annual accounts are reliable and whether the underlying revenue and expenditure transactions comply with the applicable rules and regulations. It also presents our analysis of the budgetary and financial management and performance...

This paper studies how legislative institutions shape distributive policy outcomes. Specifically, I analyze the effect of budget committee membership in the German Bundestag using a novel dataset of 4,629 geocoded federal grants (1999- 2023). Employing a within-legislator...

This paper investigates whether political partisanship and political narratives affect voters' opinions about public finances. In a novel survey experiment, we test the causal effect of pro-consolidation and pro-public investment narratives used in German general election campaigns on...

Wofür gibt der Bund die zur Verfügung stehenden Einnahmen aus? Die Antwort hängt nicht nur von den politischen Präferenzen der Volksvertreter ab, sondern auch von den gesellschaftlichen und wirtschaftlichen Rahmenbedingungen. Der vorliegende Beitrag untersucht, wie sich die Ausgaben des...

Purpose This study explores the effect of local budget retention rate changes (RER) on total factor productivity (TFP) and its components in Vietnam. Design/methodology/approach The study employs a two-system generalized method of moments (GMM) estimator and data from 2012 to 2019 across all 63...

Solomon Islands faces the immediate fiscal challenges of rebuilding cash reserves, improving the quality of public spending, and imposing fiscal discipline on domestic borrowing. To address these challenges while financing necessary investments, it is an urgent priority to improve the...

Solomon Islands faces challenges in fiscal data governance despite reforms. While the Public Financial Management Act (PFMA) of 2013 aimed to enhance transparency, inconsistent implementation and resource constraints persist. This paper highlights key issues and recommendations, including...

The global economy has proven resilient in the post-pandemic period, with global disinflation continuing, but with significant remaining uncertainty. This backdrop and transformations in the economic landscape are driving strong demand for Fund engagement. The proposed budget is guided by the...

This workshop was organised for the Committee on Budgetary Control (CONT) on 25 June 2025. It focused on the implementation of the gender mainstreaming methodology in the EU budget, with an emphasis on budgetary control.

This workshop was organised for the Committee on Budgetary Control (CONT) on 25 June 2025. It focused on the implementation of the gender mainstreaming methodology in the EU budget, with an emphasis on budgetary control.

Horizon Europe (2028-2034) will build on the achievements of its predecessors, scaling what works, simplifying what is possible, and focusing investment where Europe needs it most. It will be tightly connected to the European Competitiveness Fund.

The Annual Management and Performance Report for the EU Budget - 2024 financial year, together with its annexes, is the European Commission's main contribution to the annual discharge procedure by which the European Parliament and the Council of the European Union monitor the implementation of...

The Annual Management and Performance Report for the EU Budget - 2024 financial year, together with its annexes, is the European Commission's main contribution to the annual discharge procedure by which the European Parliament and the Council of the European Union monitor the implementation of...

This paper investigates fiscal sustainability and the prevailing fiscal regime in the Federal Republic of Germany. Using annual data from 1950 to 2023, the long-term relationship between the primary balance and government debt is estimated using a single-equation error correction model (SECM)....

The medium-term budget projection for 2025 to 2029 indicates a persistently high need for fiscal consolidation in Austria's public finances. If the consolidation measures announced by mid-April remain unchanged, the general government deficit would remain close to 4 percent of GDP throughout the...

This public finance review (PFR) for Kenya aims both to ensure that every tax shilling benefits the Kenyan taxpayer and to inform the development of a fiscal policy that fosters job creation, poverty reduction, and equity. This PFR explores policy measures that could reduce Kenya's debt-to-...

The Commissioner-designate made a number of commitments in his written and oral responses, which are highlighted in this document, which has been produced to support Parliament's scrutiny of the Commission over the course of the 2024-2029 term, including through the Committees' annual structured...

This paper examines the electoral cycle and the conduct of the central government’s fiscal policy. It uses a panel database with disaggregated spending and revenue series for 34 middle-income countries over 2000-2022. A dynamic panel approach was used to look at overall government spending and...

In July 2025, the European Commission proposed a new long-term EU budget starting from 2028, which will be decided by the European Parliament and EU Member States. This budget aims to support a strong and modern EU fit for our ambitions. In this context, the European Commission took the...

The Commission is proposing EUR 81 billion in the area of Home Affairs to make Europe safer and more secure, to equip the EU with stronger external borders and to implement a fair and firm migration management system. This triples funding compared to the previous budget period.