The IFP’s mission is to provide reliable macroeconomic and fiscal analyses and forecasts for the Slovak government and public. It also serves as a policy arm of the Finance Ministry.
IFP consists of four units. Macroeconomic Department (IFP1) analyses and forecasts development of the Slovak economy, e. g. GDP growth, inflation or unemployment. It looks into financial markets and financing of the Slovak government debt. Tax and Fiscal Department (IFP2) analyses and forecasts revenues of the public budgets (taxes and social insurance), fiscal policy, public finance and its sustainability. Structural and Expenditure Policies Department (IFP3) analyses government expenditure and structural policies, e. g. education, health or environment, from the Finance Ministry’s perspective.