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International Monetary Fund. Fiscal Affairs Dept.
This short-term expert (STX) visit focused on the use of data, analytics, and tools to help improve risk assessment capabilities. Over the course of the mission, the team conducted four workshops and five one-to-one sessions to provide guidance on ideal organizational arrangements to support data analytics, improvement of data workflows, leveraging the value of country-by-country reports, and development of data analytics/risk assessment models by using data science and big data analytics. The well-engaged SFA staff were convinced by the promising results of the new pilot risk assessment models with a solid level of commitment to apply big data anal
International Monetary Fund. Fiscal Affairs Dept.
As a follow-up to the November 2022 field-based assignment to help improve risk assessment capabilities, Dr. Ludvig Wier provided additional guidance to the Slovenia Revenue Administration (SFA). This short virtual assignment focused on resolving implementation issues faced by SFA as they develop new modernized approaches to risk assessment for corporate income tax (CIT).
International Monetary Fund. Fiscal Affairs Dept.
International Monetary Fund. Fiscal Affairs Dept.
The Climate Module of the Public Investment Management Assessment for Kenya reveals strong performance in climate-aware planning and coordination. However, the analysis identifies challenges incorporating climate sensitivity in the project appraisal, selection, budgeting, and fiscal risk management processes. Implementing targeted modifications in these areas, such as enhancing project appraisal and selection criteria to include climate impacts, improving mechanisms for tracking climate expenditures, and expanding fiscal risk analysis to cover climate-related risks, could strengthen Kenya's public investment management practices and promote greater climate resilience.
International Monetary Fund. Statistics Dept.
International Monetary Fund. Statistics Dept.
The mission assisted the Central Bank of Lesotho in compiling financial soundness indicators (FSIs) using the new methodology of the IMF’s 2019 FSIs Compilation Guide. Specifically, in collaboration with the CBL staff the mission updated the methodologies for compiling FSIs for deposit takers and developed new FSIs for life and non-life insurance corporations for reporting to IMF and dissemination.