Proposals for the Reform of Constitutional Regulations on Public Finances

Abstract

The main purpose of this paper is to make specific proposals in the areas of public finance and the budget process in the context of the reform of the Hungarian Constitution. In preparing the proposals the author has reviewed the prevailing constitution-al regulations as well as the relevant practice of the Constitutional Court, and examined and compared the constitutional schemes of European countries. The paper finds that a number of aspects of the constitutional regulation of public finances in Hungary are debatable and inadequate, and as such, its contents ought to be partially revised and supplemented. Accordingly, a number of guar-anteed, fundamental rules typical in parliamentary constitutional states should be included in the constitution.