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The Fiscal Responsibility Act (FRA) came into effect in 2013 to reduce rising public debt and achieve fiscal stability. Maldives has experienced rapid public debt accumulation over the past decade. The FRA establishes objectives for maintaining debt at a sustainable level and reducing the...
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This Selected Issues paper evaluates Australia's experience with its principles-based fiscal framework. A key … accountability framework and its fiscal policy toolkit should help strengthen the statement and implementation of Australia's fiscal …
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This Selected Issues paper investigates the drivers of business investment in Australia, focusing on the non …-China trade tensions could spill over to investment and growth in Australia. Yet, domestic factors are also at play, including … reforms can also impact business investment. Australia can promote business investment by reducing domestic policy uncertainty …
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