Although Tamil Nadu's public financial management has been characterized by strong fiscal discipline to date, risks and … challenges are emerging. The State has largely observed the Fiscal Responsibility Act targets on debts and deficit (25 percent … have been met by (1) controlling and delaying expenditure, (2) underallocating mandated payments to various reserve funds …

At the request of the Government of Liberia (GoL), the IMF Fiscal Affairs Department (FAD) led an external assessment … of the central government's public financial management (PFM) systems based on the Public Expenditure and Financial …