This review analyses four dimensions of Luxembourg's public finance system: the fiscal framework, performance-based management approaches, budgetary procedures and mechanisms, and budget documentation and communication tools. It is based on the analysis of Luxembourg’s current practices, consultation with key stakeholders in Luxembourg's budget system and benchmarking against international good practices. This review takes place in a context of European economic governance reform and the digital transformation of public administration. It offers a diagnosis of the current budget framework and identifies opportunities for improvement, taking into account Luxembourg's institutional specificities and opportunities offered by its favourable budgetary position.
Review of public finance system in Luxembourg
