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Successful containment of COVID-19 and strong policy support have helped contain the health and economic fallout, and a strong recovery is underway. Growth in 2020 reached 2.9 percent, among the highest in the world. However, labor market conditions remain weak. Corporate balance sheets have...
Persistent link: https://www.econbiz.de/10012516477
Strong fiscal institutions have contributed to Chile's macroeconomic stability, and recent reform initiatives have focused on enhancing these institutions and fiscal transparency. This report assesses fiscal transparency practices in Chile in relation to the requirements of the IMF's Fiscal...
Persistent link: https://www.econbiz.de/10012697113
Statistics Department (STA) and the IMF Capacity Development Office in Thailand (CDOT) …
Persistent link: https://www.econbiz.de/10012697152
Fund (NF) data are recorded separately from national budget (NB) data, and GFS are disseminated through the IMF Integrated …
Persistent link: https://www.econbiz.de/10012697844
Among EU countries, Romania suffered a relatively shallow recession in the COVID-19 crisis, aided by macroeconomic easing. A strong recovery is projected in 2021. The new government is committed to balance continued pandemic-related support with the start of a medium-term fiscal consolidation...
Persistent link: https://www.econbiz.de/10012697857
Iraq is substantially exposed to fiscal risks related to guarantees issued by the State, with a stock of guarantees related to foreign currency service payments and debt of USD 21.7 billion at end-June 2017 and a stock of domestic guarantees that remains to be fully assessed. In 2017, the...
Persistent link: https://www.econbiz.de/10012439244
, and (3) allowing off-budget borrowing by Public Sector Undertakings (PSUs). Accordingly, the State's borrowing capacity is …
Persistent link: https://www.econbiz.de/10012250440
The Polish government is making good progress with implementing the ambitious Budget System Reforms (BSR) program …
Persistent link: https://www.econbiz.de/10012250462
This Technical Assistance Report discusses the findings and recommendations made by the IMF mission about modernizing the analysis, monitoring and disclosure of fiscal risks in Cote d'Ivoire. It was found that existing practices for identifying, monitoring and disclosing fiscal risks are still...
Persistent link: https://www.econbiz.de/10011843995
This Technical Assistance paper on Ukraine discusses medium-term budget framework (MTBF) and fiscal risk statement. In … order to strengthen the medium-term orientation of the budget, the authorities have committed to implement a full …) to enforce compliance with ceilings during the annual budget will be critical to the success of the pilot exercise. The …
Persistent link: https://www.econbiz.de/10012153832