8.1. Introduction

The finances of the State follow some simple principles, written in the Constitution:

• The State must have positive or balanced accounts. A deficit can only be exceptional and immediately covered by a plan to return to balance.
• In addition, being sovereign in monetary emission matters, the financing of the State cannot depend on private financial institutions.
• The State aims for the maximum efficiency of the use of its resources and the abolition of corruption and is therefore constantly audited by a Citizen Oversight Council.

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