In 2019, the EU Contact Committee launched a parallel audit of Medium-Term
Budgetary Frameworks (MTBFs) within its Fiscal Policy Audit Network. The SAIs of Finland,
France, Italy, the Netherlands, Portugal, Slovakia and Sweden took part, completing the relevant
national audits and assessments mostly in 2020 and 2021. The joint report collates and analyses
The parallel audit focused on central government budgeting and on planning or forecasting
expenditure at least three years forward. The audit aimed to assess the practical implementation
of medium-term expenditure objectives and forecasts in budget planning, and their functionality
in national and EU contexts.