V Key Feature 4: Ensuring Appropriate Flexibility in Fiscal Targets
Author:
Mr. Benedict J. Clements
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Ms. Gabriela Inchauste
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Ms. Nita Thacker
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Mr. Thomas William Dorsey
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Mr. Shamsuddin Tareq
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Mr. Emanuele Baldacci
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Mr. Sanjeev Gupta
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Mr. Mark W. Plant
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Language:
English
Print Publication Date:
26 Sep 2002
Keywords:
OP; PRGF; PRGF-supported program; program document; outlay; PRSPs; financing shortfall; deficit target; revenue effort; ESAF program; contingent expenditure; Government debt management

Abstract

This key feature sets out the expectation that fiscal targets in PRGF-supported programs should be designed in a manner that allows greater flexibility in accommodating higher public expenditures and accommodating unexpected changes in revenue or financing.

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Cover Is the PRGF Living Up to Expectations?
Is the PRGF Living Up to Expectations?
ISBN:
9781589061125
ISSN:
0251-6365
Publication Date:
26 Sep 2002
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589061125.084
Pages:
55