Overview of Central Government Risks and Liabilities 2015
Fiscal risks refer to a range of factors that have an unanticipated effect on government finances. Since the government has the ultimate responsibility for ensuring that the social system remains functional, its responsibilities reach far and wide, which, in turn, means that the risks affecting the government finances can emanate from various sources.
This report provides an overview of the government's risks and liabilities, and seeks to provide a detailed explanation of the risks involved in the government's macroeconomic development, and fiscal liabilities, including a risk assessment as applicable. The report is intended to be updated and published annually as an Annex to the General Government Fiscal Plan.
