Section 37
of Public Finance and Fiscal Responsibility Act 2023
ActIn forceProvision 37 of 38
Section 37
(1)
The Minister shall cause to be published an annual fiscal risk statement.
(2)
The fiscal risk statement shall contain the following information:
(a)
macroeconomic risks;
(b)
level of financial guarantees;
(c)
exposure to other liabilities;
(d)
disclosure stated under section 22 of this Act;
(e)
mitigation plan referred to in section 24 of this Act; and
(f)
other relevant information relating to fiscal risk.
(3)
The fiscal risk statement shall be used for the purpose of assessing the exposure to fiscal risk to the Government.