Fy 2021 Fy 2023 Medium Term Budget

Author : International Monetary Fund. Office of Budget and Planning
Publisher : International Monetary Fund
Page : 92 pages
File Size : 50,9 Mb
Release : 2020-05-29
Category : Business & Economics
ISBN : 9781513545813

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FY 2021-FY 2023 Medium-Term Budget by International Monetary Fund. Office of Budget and Planning Pdf

On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative budgets for FY 2022–23.

Author : International Monetary,International Monetary Fund. Office of Budget and Planning
Publisher : International Monetary Fund
Page : 80 pages
File Size : 43,5 Mb
Release : 2021-05-27
Category : Business & Economics
ISBN : 9781513583327

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FY 2022 - FY 2024 Medium-Term Budget by International Monetary,International Monetary Fund. Office of Budget and Planning Pdf

Amidst the unfolding COVID-19 crisis, the Fund faces twin challenges. Signs of early crisis recovery are uneven across countries, and many face daunting crisis legacies. At the same time, longer term challenges from climate change, digitalization and increasing divergence within and between countries demand stepped up effort by the Fund within its areas of expertise and in partnership with others. FY 22-24 budget framework. Considering these challenges and following a decade of flat real budgets, staff will propose a structural augmentation for consideration by fall 2021 to be implemented over two to three years beginning in FY 23. Recognizing the importance of ongoing fiscal prudence, the budget would remain stable thereafter on a real basis at a new, higher level. FY 22 administrative budget. The proposed FY 22 budget sustains crisis response and provides incremental resources for long-term priorities within the flat real budget envelope. The budget is built on extensive reprioritization; savings, including from modernization; and a proposed temporary increase in the carry forward ceiling to address crisis needs during the FY 22 to FY 24 period. Capital budget. Large-scale business modernization programs continue to be rolled out, strengthening the agility and efficiency of the Fund’s operations. In response to the shift towards cloud-based IT solutions, staff propose a change in the budgetary treatment of these expenses. Investment in facilities will focus on timely updates, repairs, and modernization, preparing for the post-crisis Fund where virtual engagement and a new hybrid office environment play a larger role. Budget sustainability. The FY 22–24 medium-term budget framework, including assumptions for a material augmentation, is consistent with a projected surplus in the Fund’s medium-term income position and with continued progress towards the precautionary balance target for coming years. Budget risks. In the midst of a global crisis, risks to the budget remain elevated and above risk acceptance levels, including from uncertainty around the level of demand for Fund programs and ensuing staffing needs, as well as future donor funding for CD. Enterprise risk management continues to be strengthened with this budget.

Author : International Monetary Fund. Secretary's Department
Publisher : International Monetary Fund
Page : 74 pages
File Size : 43,6 Mb
Release : 2021-10-04
Category : Business & Economics
ISBN : 9781513568812

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International Monetary Fund Annual Report 2021 by International Monetary Fund. Secretary's Department Pdf

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.

Author : International Monetary,International Monetary Fund. Office of Budget and Planning
Publisher : International Monetary Fund
Page : 56 pages
File Size : 50,7 Mb
Release : 2022-05-27
Category : Business & Economics
ISBN : 9798400211775

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FY2023-FY2025 Medium-Term Budget by International Monetary,International Monetary Fund. Office of Budget and Planning Pdf

FY2023-FY2025 Medium-Term Budget

Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 47 pages
File Size : 46,6 Mb
Release : 2023-06-16
Category : Business & Economics
ISBN : 9798400246159

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Review of the Fund’s Income Position for FY2023 and FY2024 by International Monetary Fund. Finance Dept. Pdf

This paper updates the projections of the Fund’s income position for FY 2023 and FY 2024 and proposes related decisions for the current and next financial year. The paper also includes a proposed decision to keep the margin for the rate of charge unchanged for financial year 2024. The Fund’s overall net income for FY 2023 is projected at about SDR 1.8 billion, slightly lower than the April 2022 estimate.

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 109 pages
File Size : 50,5 Mb
Release : 2019-05-02
Category : Business & Economics
ISBN : 9781498310796

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Fiscal Policies for Paris Climate Strategies—from Principle to Practice by International Monetary Fund. Fiscal Affairs Dept. Pdf

This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 9 pages
File Size : 44,7 Mb
Release : 2020-01-16
Category : Business & Economics
ISBN : 9781513526447

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Statement by The Managing Director on the Work Program of The Executive Board by International Monetary Fund Pdf

This Work Program (WP) translates the strategic directions and policy priorities laid out in the Fall 2019 Global Policy Agenda (GPA) Update and the International Monetary and Financial Committee Communiqué into an Executive Board agenda from November 2019 to October 2020, focusing on the next six months. Its main policy priorities and deliverables are as follows: • Turn evidence-based analysis into actionable policy recommendations to make economies more resilient and inclusive • Contribute to improving the multilateral system and upgrading international cooperation to bring the benefits of integration to all • Modernize the Fund’s policy toolkits to meet the challenges of a fast-changing world • Safeguard the Fund’s financial strength and undertake an ambitious internal modernization agenda

Author : Mr.Jack Diamond,Mr.Barry H. Potter
Publisher : International Monetary Fund
Page : 84 pages
File Size : 43,8 Mb
Release : 1999-07-01
Category : Business & Economics
ISBN : 1557757879

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Guidelines for Public Expenditure Management by Mr.Jack Diamond,Mr.Barry H. Potter Pdf

Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.

Author : International Monetary,International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 73 pages
File Size : 41,9 Mb
Release : 2021-09-20
Category : Business & Economics
ISBN : 9781513597102

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Brunei Darussalam: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Brunei Darussalam by International Monetary,International Monetary Fund. Asia and Pacific Dept Pdf

Brunei’s economic performance—which was strong before the COVID-19 pandemic—has been buffeted by the health crisis and a pandemic-induced oil and gas price shock. The authorities responded fast and decisively. The number of new infections was quickly suppressed, thanks to a swift public health response, effective health measures and non-pharmaceutical interventions. Strong fiscal and regulatory policy responses helped sustain production and household income and consumption. Past diversification efforts and reforms bore fruit when it was most needed. As a result, the economy performed strongly in 2020, with real GDP posting positive growth of 1.1 percent—a rare outcome amidst negative growth in the region. Economic activity is projected to strengthen in 2021-22, albeit at varying speeds across sectors, and to continue improving over the medium term on the back of further diversification. The outlook is, however, subject to unusual uncertainty, with significant risks skewed to the downside. Sustained strong policy actions are needed to ensure continued resilience, while nurturing green, digital and inclusive growth.

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 107 pages
File Size : 46,8 Mb
Release : 2021-03-19
Category : Business & Economics
ISBN : 9781513574424

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Samoa by International Monetary Fund. Asia and Pacific Dept Pdf

Samoa has shown resilience to past economic shocks, underpinned by the authorities’ strong commitment to support the economy and financial assistance provided by the international community. Samoa was among the first countries in the world to secure its border to protect its citizens from COVID-19. The authorities’ quick response to the measles outbreak and the global pandemic has identified the policy priorities well. The international community also responded swiftly, including the IMF disbursement under the Rapid Credit Facility (RCF) in April 2020 which helped unlock record budget support grants by the Asian Development Bank (ADB) and the World Bank (WB). The authorities strengthened the health care system and provided support to the private sector, with assistance targeted to vulnerable businesses and households to safeguard livelihoods.

Author : Anonim
Publisher : Unknown
Page : 196 pages
File Size : 40,8 Mb
Release : 2008
Category : Budget
ISBN : OSU:32437122690759

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The Budget and Economic Outlook by Anonim Pdf

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 58 pages
File Size : 55,9 Mb
Release : 2016-07-28
Category : Business & Economics
ISBN : 9781475520521

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Republic of the Marshall Islands by International Monetary Fund. Asia and Pacific Dept Pdf

This 2016 Article IV Consultation highlights that the economy of the Marshall Islands is estimated to have expanded by about 0.5 percent in FY2015 (ending September 30), as the fishery sector recovered. Following a moderate inflation of 1.1 percent in FY2014, headline inflation dropped to –2.2 percent in FY2015 amid falling oil and utility prices. The fiscal balance is estimated to have recorded a surplus of about 3 percent of GDP in FY2014–15, owing to record-high fishing license fees. Growth is expected to rise to about 1.5 percent and inflation to about 0.5 percent in FY2016, as the effects of the drought in earlier 2016 are offset by the resumption of infrastructure projects.

Author : MissCandice Y Liu,Ms.Mercedes Garcia-Escribano
Publisher : International Monetary Fund
Page : 32 pages
File Size : 44,7 Mb
Release : 2017-04-27
Category : Business & Economics
ISBN : 9781475592450

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Expenditure Assessment Tool by MissCandice Y Liu,Ms.Mercedes Garcia-Escribano Pdf

This manual presents the Expenditure Assessment Tool (EAT), which helps assess expenditures for any specific country. EAT uses the commonly available software program Excel and has been designed by Expenditure Policy Division at Fiscal Affairs Department at IMF. The information EAT provides can be very useful in the evaluation of government spending and in the identification of areas where there may be room to increase spending efficiency or rationalize spending. The evaluation is done through benchmarking of spending—levels, composition and outcomes—against regional and income comparators. The focus is on both the economic and functional classification of expenditures. The application of the tool to spending in Argentina is presented as an illustration.

Author : International Monetary,International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 57 pages
File Size : 46,9 Mb
Release : 2021-06-07
Category : Business & Economics
ISBN : 9781513573113

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Belize: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Belize by International Monetary,International Monetary Fund. Western Hemisphere Dept. Pdf

Belize has been hit hard by the COVID-19 pandemic, which led to a deep recession and worsened fiscal and external positions from already weak levels. The opposition People’s United Party won the November 2020 elections by a wide margin, which gives the new government a unique opportunity to jump start much needed reforms to reduce large imbalances and anchor strong and inclusive growth.

Author : Anonim
Publisher : BRILL
Page : 316 pages
File Size : 42,8 Mb
Release : 2023-11-20
Category : Political Science
ISBN : 9789004683082

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Yearbook on the African Union Volume 3 (2022) by Anonim Pdf

This is the third edition of the Yearbook on the African Union (YBAU). The YBAU is first and foremost an academic project that provides an in-depth evaluation and analysis of the institution, its processes, and its engagements. Despite the increased agency in recent years of the African Union in general, and the AU Commission in particular, little is known – outside expert policy or niche academic circles – about the Union’s activities. This is the gap the Yearbook on the African Union wants to systematically address. It seeks to be a reference point for in-depth research, evidence-based policy-making and decision-making. Contributors are Festus Kofi Aubyn, Mandira Bagwandeen, Habibu Yaya Bappah, Bruce Byiers, Annie Barbara Hazviyemurwi Chikwanha, Dawit Yohannes Wondemagegnehu, Linnea Gelot, Cheryl Hendricks, Jens Herpolsheimer, Aïssatou Kanté, Tim Murithi, Edefe Ojomo, Thomas Tieku, Gino Vlavonou, Tim Zajontz.