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IMF's Public Financial Management Blog
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21 июля, 17:47

Implementation of GFS in IMF Reports

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Posted by Majdeline El Rayess and Zaijin Zhan[1] A recently published policy paper by the IMF presents the second review of the implementation of the government finance statistics (GFS) framework in reports prepared by IMF staff. It follows the first...

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14 июля, 16:18

Stressing the Public Finances – the UK Raises the Bar

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Posted By Vitor Gaspar and Jason Harris[1] Of all the major economies hit by the turbulent events of the global financial crisis, few were hit as hard and by as large a range of shocks as the United Kingdom. A...

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05 июля, 18:28

Politics and Budgets

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Post by Vitor Gaspar, Sanjeev Gupta and Carlos Mulas-Granados [1] Every year, parliaments in democratic countries discuss budget proposals for the following year to set the course for economic policy going forward. But the reality is that politics and budgets...

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28 июня, 00:13

The Future of Government Fiscal Reporting

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Post by Delphine Moretti[1] In March 2017, the Organisation for Economic Cooperation and Development (OECD) organised the 17th Annual Meeting of the OECD network of Senior Financial Management Officials. The meeting was attended by around 120 delegates from OECD member...

23 июня, 19:17

Public Participation in Fiscal Policies: Where do we Start?

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Posted by Tania Sánchez Andrade[1] Public participation in fiscal policy is based on the belief that those who are affected by government decisions have a right to be involved in the decision-making process. The comments or opinions received from the...

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19 июня, 21:24

Building Fiscal Capacity in the Caribbean

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Posted by Suhas Joshi[1] PFM capacity in the Caribbean was recently given a boost by the delivery of a regional Seminar on Cash and Debt Management and Commitment Control. The event was held in St. Lucia under the aegis of...

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16 июня, 17:59

Challenges of Modernizing FMIS

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Posted by Nicolas Botton[1] Under pressure for fiscal consolidation, supranational directives, or merely the need to better allocate resources and manage cash, many governments around the world are trying to extract more information out of their Financial Management Information Systems...

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14 июня, 21:45

The Stages of PFM Reform in Fragile States

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Posted by Mario Pessoa[1] A recently published policy note by the IMF discusses the challenges of reforming fiscal institutions in fragile states. It identifies several stages through which such reforms typically pass. In broad terms, these stages comprise: (i) an...

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09 июня, 18:39

Sustainable Infrastructure Development in the Pacific Islands

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Posted by Lorena Estigarribia, Roland Rajah, and Richard Neves[1] Infrastructure, whether delivered or owned by the public or private sector is critical for sustainable economic and social development. This is especially so for Pacific island countries, whose remoteness, vulnerability to...

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07 июня, 19:38

Public Participation in Fiscal Policy

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Posted by Murray Petrie[1] Direct engagement between citizens and governments is increasingly recognized as a critical link in the chain between fiscal transparency, more effective accountability for public financial management, and better fiscal and development outcomes. The importance attached to...

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01 июня, 16:26

Brazil’s Efforts to Improve Fiscal Transparency

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Posted by Paulo Medas [1] An increasing number of countries have done an assessment of their fiscal transparency practices against the principles in the IMF’s Code of Fiscal Transparency. Brazil did so in 2016, amidst ongoing efforts to upgrade transparency....

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19 мая, 22:10

Opportunities for Fiscal Policy Making in the Digital Era

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Posted by Florian Misch, Brian Olden and Marcos Poplawski-Ribeiro[1] Digital Revolutions in Public Finance… A conference on “Digital Revolutions in Public Finance”, jointly hosted by the Fiscal Affairs Department of the IMF and the Bill and Melinda Gates Foundation was...