The purpose of this paper is to analyze the National Fiscal Management Plan 2009-2013 submitted to the National Assembly. It consisted of five parts: introduction, conditions of the mid-term nation's fiscal management, NABO's fiscal outlook, analysis on the aggregate amount and distribution of resources of the plan, and evaluation of the previous National Fiscal Management Plan.
On the basis of this study, it will be difficult to revert the position of restoring fiscal balance and diminishing national debt, expected to be achieved during 2009-2013. This is deprived from government' optimal outlook of total revenue. According to NABO's forecast of fiscal expenditure, discretionary expenditure should decrease 2.6% per year to meet fiscal balance until 2013.
On the basis of this study, it will be difficult to revert the position of restoring fiscal balance and diminishing national debt, expected to be achieved during 2009-2013. This is deprived from government' optimal outlook of total revenue. According to NABO's forecast of fiscal expenditure, discretionary expenditure should decrease 2.6% per year to meet fiscal balance until 2013.