Reporting on long-term fiscal sustainability and financial stability in public sector entities


  • Јелена Пољашевић Факултет за економију и менаџмент, Слобомир П Универзитет, Добој


Financial statements, public sector, long-term fiscal sustainability, financial stability, deficit, net debt, intergeneration capital


Public sector entities and public sector generally, cannot go bankrupt in a way entities in private sector can. Bad management decisions in public sector lead to decreasing of range and quality of services and products provided by public entities, increasing debt and fiscal pressure on future generations, and generally decreasing prosperity of a country. To view the long-term effects of decisions made by current governments and to assess their responsibility, an international initiative has been introduced to present statements of long-term fiscal sustainability and financial stability in public sector entities. These statements are based on projections of future incomes and outcomes which ensue from the current economic policy. Based on these projections it can be assessed to which extent the government policy can be realized in the future, assuming there will not be any changes in tax levels and the level of debt. With this information, governments can foresee the effect of some economic changes on future generations and take appropriate action.


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Извјештај Главног ревизора Републике Српске по извршеној ревизији Консолидованог извјештаја Буџета РС и ревизији финансијских извјештаја буџетских корисника РС за 2010. годину, а ревидираних у 2011. години

Законска и подзаконска акта Републике Српске




How to Cite

Пољашевић, Ј. (2012). Reporting on long-term fiscal sustainability and financial stability in public sector entities. Acta Economica, 10(16), 127–154. Retrieved from



Review article