Manual On Fiscal Transparency

Author : International Monetary Fund. Fiscal Affairs Department
Publisher : International Monetary Fund
Page : 96 pages
File Size : 55,9 Mb
Release : 2001
Category : Business & Economics
ISBN : UCSD:31822031894561

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Manual on Fiscal Transparency by International Monetary Fund. Fiscal Affairs Department Pdf

In preparing the Manual, a number of points have been taken into account. First, the Code is being implemented on a voluntary basis. To promote an appreciation of the rationale for the Code, and an understanding of its fiscal transparency requirements, the Manual sets out in detail the principles and practices included in the Code. However, because of the complexity of fiscal management systems, the Manual does not provide comprehensive directions on how all the good practices are to be put in place. Instead, it contains numerous references and website addresses that can assist with the practical implementation of the Code. Second, fiscal transparency is only one aspect of good fiscal management, and care is needed to distinguish fiscal transparency from two other key aspects, namely the efficiency of fiscal policy, and the soundness of public finances. Third, diversity of institutional backgrounds and capacity constraints to improving fiscal management are clearly recognized. For this reason, the Code is not a best practice standard. Rather, it is a set of good practices that can be implemented by most countries over the medium to longer term.

Author : Anonim
Publisher : International Monetary Fund
Page : 168 pages
File Size : 52,7 Mb
Release : 2007-10-19
Category : Business & Economics
ISBN : STANFORD:36105123864055

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Manual on Fiscal Transparency (2007) by Anonim Pdf

Provides an authoritative account and explanation of the revised IMF Code of Good Practices on Fiscal Transparency (the Code), used by countries undertaking assessments of the transparency of their fiscal management practices (including so-called fiscal ROSCs), legislatures, civil society organizations, economists, and financial analysts. Supplemented by the revised Guide on Resource Revenue Transparency, it identifies numerous benefits from fiscal transparency, including providing citizens with information to hold governments accountable for their policy choices, informing and improving the quality of economic policy decisions, highlighting potential risks to the fiscal outlook, and easing a country's access to international capital markets.--Publisher's description.

Author : Ms.Taryn R Parry,Ms.Dawn Elizabeth Rehm
Publisher : International Monetary Fund
Page : 171 pages
File Size : 53,8 Mb
Release : 2008-08-28
Category : Business & Economics
ISBN : 9781475590890

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Manual on Fiscal Transparency (2007) by Ms.Taryn R Parry,Ms.Dawn Elizabeth Rehm Pdf

This series contains practical "how-to" information for economists and includes topics such as tax policy, balance of payments statistics, external debt statistics, foreign exchange reserve management, and financial sector assessment.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 165 pages
File Size : 46,6 Mb
Release : 2007-04-20
Category : Business & Economics
ISBN : 9781498333580

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Manual on Fiscal Transparency, revised April 2007 by International Monetary Fund Pdf

The Manual, which is a companion document to the IMF’s Code of Good Practices on Fiscal Transparency (2007), has been revised to reflect the new Code and to provide more recent examples of good practice by individual countries. The Manual expands and explains the pillars and principles of the Code and provides richer and more in-depth coverage of each good practice. Country examples are taken from Reports on Standards and Codes (ROSCs). The Manual also includes new linkages to the Guide on Resource Revenue Transparency (2007), including reporting on contracts, quasi-fiscal activities and use of public assets.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 74 pages
File Size : 42,8 Mb
Release : 2007-04-20
Category : Business & Economics
ISBN : 9781498333573

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Revised Guide on Resource Revenue Transparency by International Monetary Fund Pdf

The Guide, which is a companion document to the IMF’s Code of Good Practices on Fiscal Transparency (2007), has been revised to reflect the new Code and to provide more recent examples of good practice by individual countries The Guide applies the good practices of the Code to the unique set of transparency issues faced by countries that derive a significant share of revenues from natural resources. It addresses issues arising both from the sheer size and volatility of such resources and the technical complexity of the transaction flows. The Guide supplements the Manual on Fiscal Transparency (2007).

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 78 pages
File Size : 47,6 Mb
Release : 2005-07-06
Category : Business & Economics
ISBN : 9781498331500

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Guide on Resource Revenue Transparency by International Monetary Fund Pdf

This guide gives a framework that covers the resource-specific issues to be considered in a fiscal transparency assessment, for example as part of a fiscal Report on the Observance of Standards and Codes (ROSCs). Equally importantly, it provides a summary overview of generally recognized good or best practices for transparency of resource revenue management that can be used by countries themselves, as well as by the IMF, the World Bank, and others providing technical support.

Author : International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Statistics Dept.
Publisher : International Monetary Fund
Page : 55 pages
File Size : 55,9 Mb
Release : 2012-07-08
Category : Business & Economics
ISBN : 9781498340076

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Fiscal Transparency, Accountability, and Risk by International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Statistics Dept. Pdf

This paper surveys that state of fiscal transparency in the wake of the current crisis and looks at what can be done to improve it. It examines the relationship between fiscal transparency and fiscal outcomes; reviews progress in promoting greater fiscal transparency over the past decade; considers the lessons of the recent crisis for existing fiscal transparency standards, practices, and monitoring arrangements; and makes a series of recommendations for renewing the global fiscal transparency effort in the wake of the crisis.

Author : Rachel F Wang,Mr. Timothy Irwin,Lewis K Murara
Publisher : International Monetary Fund
Page : 37 pages
File Size : 45,5 Mb
Release : 2015-08-05
Category : Business & Economics
ISBN : 9781513594248

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Trends in Fiscal Transparency by Rachel F Wang,Mr. Timothy Irwin,Lewis K Murara Pdf

Although there are several measures of fiscal transparency, none provides satisfactory information on certain issues of macroeconomic relevance, including whether fiscal data are available for all of general government, whether the government reports a balance sheet, and whether spending and revenue are reported on a cash or accrual basis. Drawing on government finance statistics reported to the IMF, this paper presents a new database of fiscal transparency for 186 countries in 2003–13 and derives from it indices of the overall comprehensiveness of fiscal statistics as well as specific indices of the coverage of public institutions, fiscal flows, and fiscal stocks, respectively. It finds evidence of gradual improvement, most notably in the coverage of institutions, but most countries’ reporting remains far from comprehensive

Author : Dawn Elizabeth Rehm
Publisher : Unknown
Page : 128 pages
File Size : 53,6 Mb
Release : 2008
Category : Electronic
ISBN : OCLC:1144397343

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Manual on Fiscal Transparency (2007). by Dawn Elizabeth Rehm Pdf

Author : Mr.J. D. Craig,Mr.George Kopits
Publisher : International Monetary Fund
Page : 50 pages
File Size : 42,9 Mb
Release : 1998-02-03
Category : Business & Economics
ISBN : 9781557756978

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Transparency in Government Operations by Mr.J. D. Craig,Mr.George Kopits Pdf

Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 5 pages
File Size : 47,5 Mb
Release : 2007-04-20
Category : Business & Economics
ISBN : 9781498333566

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Code of Good Practices on Fiscal Transparency, revised April 2007 by International Monetary Fund Pdf

The IMF has revised its Code of Good Practices on Fiscal Transparency, following a public consultation process. Nine new practices have been added to the Code and many existing practices have been broadened in scope. The four pillars of the original Code remain unchanged: clarity of roles and responsibilities, open budget processes, public availability of information and assurances of integrity. The revised Code will be used in IMF surveillance and in voluntary assessments of fiscal transparency in member countries under the standards and codes initiative. Two associated documents - the Manual on Fiscal Transparency (2007) and the Guide on Resource Revenue Transparency (2007) - provide supporting in-depth coverage of good practices.

Author : India. Advisory Group on Fiscal Transparency
Publisher : Unknown
Page : 126 pages
File Size : 47,7 Mb
Release : 2001
Category : Fiscal policy
ISBN : UOM:39015051849894

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Report of the Advisory Group on Fiscal Transparency by India. Advisory Group on Fiscal Transparency Pdf

In the Indian context.

Author : International Monetary Fund. Fiscal Affairs Department
Publisher : International Monetary Fund
Page : 82 pages
File Size : 40,9 Mb
Release : 2007-10-19
Category : Business & Economics
ISBN : STANFORD:36105124278560

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Guide on Resource Revenue Transparency (2007) by International Monetary Fund. Fiscal Affairs Department Pdf

This publication applies the principles of the revised IMF Code of Good Practices on Fiscal Transparency to the unique set of transparency problems faced by countries that derive a significant share of their revenues from natural resources and need to address complex and volatile transaction flows. The guide identifies and explains generally recognized good or best practices for transparency of resource revenue management. It supplements the IMF Manual on Fiscal Transparency. It is designed to give a framework for assessing resource-specific issues within broader fiscal transparency assessments (including so-called 'fiscal ROSCs').--Publisher's description.

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 76 pages
File Size : 47,5 Mb
Release : 2019-05-01
Category : Business & Economics
ISBN : 9781498312745

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Republic of Uzbekistan by International Monetary Fund. Fiscal Affairs Dept. Pdf

This Fiscal Transparency Evaluation report highlights that Uzbekistan is embarking on a comprehensive reform program to strengthen public financial management and fiscal transparency. Wide-ranging reforms to improve the coverage, reliability, quality, and accessibility of fiscal reports are being developed and implemented, and some good progress already made. This assessment of fiscal transparency practices has been undertaken to support the government’s efforts to increase transparency by identifying priority areas for reform. An evaluation of practices against the IMF’s Fiscal Transparency Code (the Code) finds that tangible gains have been made over 2017 and 2018. In several areas where Uzbekistan’s practices do not currently meet the basic standard required under the Code, quick progress can be made. The report also provides a more detailed evaluation of Uzbekistan’s fiscal transparency practices and recommended reform priorities. Strengthening legislative oversight of the state budget with a view to reducing the extent to which in-year changes can be made to aggregate expenditures without prior parliamentary approval.

Author : Mr.Mike Seiferling
Publisher : International Monetary Fund
Page : 48 pages
File Size : 55,9 Mb
Release : 2013-03-07
Category : Business & Economics
ISBN : 9781475570359

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Stock-Flow Adjustments, Government’s Integrated Balance Sheet and Fiscal Transparency by Mr.Mike Seiferling Pdf

This paper re-examines the stock-flow discrepancies of government debt and deficits and correlation with fiscal transparency. Applying the fully integrated relationship between financial stocks and flows allows for a more refined analysis of the deterministic components that make up the ‘stock-flow’ residual. Using partial measures of these stock-flow residuals, several empirical studies have found them to be significantly correlated with fiscaltransparency, inflation, fiscal rules, and banking crisis. Using fully integrated public finance data from the IMF Government Finance Statistics Yearbook for a sample of 22 countries, the findings in this paper suggest that stock-flow residuals have a significantly smaller magnitude than previously assumed and are, in fact, not correlated with fiscal transparency. A stronger determinant of fiscal transparency scores appears to be the actual reporting of fiscal data covering general government, especially a full financial balance sheet.