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IMF's Public Financial Management Blog
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30 марта, 00:17

Harnessing the Power of Accrual in Managing Public Finances

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Posted by Guohua Huang[1] On March 6, 2017 the International Monetary Fund (IMF), the World Bank Group (WBG) and the International Public Sector Accounting Standards Board (IPSASB) co-organized a seminar on Transparency and Beyond: Harnessing the Power of Accrual in...

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28 марта, 00:39

Fiscal Rules and Fiscal Councils: New Data Just Out!

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Posted by Victor Lledó[1] Fiscal rules and fiscal councils have been increasingly recognized as important tools to promote sound fiscal policies.[2] By constraining discretion and fostering transparency, they enhance fiscal discipline and make fiscal policy more predictable. In particular, fiscal...

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22 марта, 00:06

A Conversation with Carolina Renteria

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Posted By PFM Blog Administrator Carolina Renteria has recently taken over from Richard Hughes as Chief of the PFM1 Division in the IMF’s Fiscal Affairs Department. In this article, which is extracted from a longer conversation with Richard Allen, Carolina...

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15 марта, 17:27

A New Path to Improve FMIS Performance

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Posted by Gerardo Uña[1] In a previous blog article, I spelled out some of the reasons why the performance of FMIS systems in developing countries around the world has been generally disappointing. These reasons include the lack of well-crafted conceptual...

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10 марта, 00:22

How to Assess FMIS Performance

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Posted by Gerardo Uña[1] Financial Management Information Systems (FMIS) are comprehensive systems that support the preparation and execution of the budget, accounting and financial reporting, and many other public financial management (PFM) functions. They are used to integrate budgetary, accounting,...

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07 марта, 23:03

Public Finance Professionals: Guardians of the Purse

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Posted by Susanna Di Feliciantonio[1] Public money matters. How governments manage it should be an issue that concerns all of us. In recent years, the debate has tended to focus on fiscal sustainability issues, as well as the role of...

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03 марта, 00:56

Bringing a Political Economy Analysis to USAID’s TA Programming

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Posted by Corinne Rothblum, Steve Rozner and Jay Totte[1] Over the past decade bilateral and multilateral donors including DFID, the Dutch, SIDA and the World Bank have undertaken political economy analysis (PEA) with the goal of informing their programming strategies...

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27 февраля, 23:38

Latin American Treasurers Discuss Cash Management

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Posted by Mario Pessoa[1] During February 16-17, 2017 the Latin American Treasury Forum (FOTEGAL) together with the International Monetary Fund (IMF), the Inter-American Development Bank (IDB), the World Bank, and the Swiss Economic Cooperation (SECO) organized a high level workshop...

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23 февраля, 22:58

SARTTAC is Launched and Completes its Maiden Training Course

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Posted by Udaya Pant[1] The South Asia Regional Training and Technical Assistance Centre (SARTTAC) was inaugurated on February 13th, 2017 by the Secretary of Economic Affairs of the Government of India, Shaktikanta Das, at its first class facilities in New...

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16 февраля, 23:24

Big Data Analytics for Better Revenue Administration

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Posted by Duncan Cleary[1] The IMF’s senior management recognizes the potential value of Big Data and Analytics[2] for its work. In late 2015, the IMF hosted a symposium on Big Data, and following this event the Managing Director, Christine Lagarde,...

02 февраля, 01:41

Tilting the Balance towards Quality Infrastructure in Developing Countries

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Posted by Taz Chaponda[1] At a recent international conference[2] on “Quality infrastructure and the Multilateral Development Banks”, the Director General of the Japanese Ministry of Economy Trade and Industry (METI) issued a stark reminder of the potential costs of “poor”...

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26 января, 22:48

Sequencing of Performance-Based Budget Reforms

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Posted by Maarten de Jong[1] and Alfred T. Ho[2] Performance budgeting (PB) is increasingly viewed as challenging by countries with advanced PFM systems, but continues to be popular with many governments and development partners. In response to its far from...