Fiscal rules and fiscal councils in the Western Balkans

Client/Funding Institution

The World Bank


In this project, wiiw acts as a consultant in the framework of a larger World Bank programme aimed at assisting the Western Balkan countries (WB6) in enhancing their fiscal responsibility frameworks. The institute hereby intends to: - develop a comprehensive dataset on fiscal rules, councils and medium-term budgetary frameworks; - create a scorecard of the rules, councils and frameworks along the lines of the European Commission; - assess the effects thereof on fiscal, economic and social outcomes; - support the World Bank in launching and running a network on fiscal rules and fiscal councils for the WB6.


August 2023 - June 2024

wiiw team Leader

Branimir Jovanović

wiiw Staff

Corinna Covi, Veronika Janyrova

Countries covered: Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia

Research Areas: Macroeconomic Analysis and Policy