framework for examining possible policy responses to increased aid, in terms of absorption and spending of aid - where the … central bank controls absorption through monetary policy and the sale of foreign exchange and the fiscal authority controls … part in the policy reaction to aid surges. Fiscal and monetary authorities should coordinate their responses to an aid …

What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical …

cost of new policy measures. It is explained by the Ministry of Finance, jointly with other responsible public authorities …

Fiscal policy plays an important role in accomplishing crucial economic goals, especially production and employment … increase. Acknowledgement and application of fiscal policy require differentiated attitudes in different situations. This paper … discuss the fiscal policy model and its implications for fulfilling economic goals, especially in the current economic crisis …

prudence confronts many challenges. This paper discusses what low-income countries can do to shape fiscal policy frameworks … expenditure programs and finances. It suggests what approaches can be used to manage the greater fiscal policy risks associated … with a scaled-up aid environment, including coordination with monetary policy. The paper also discusses what institutional …