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Medium-Term Budget Frameworks in Sub-Saharan African Countries

Medium-Term Budget Frameworks in Sub-Saharan African Countries »

Volume/Issue: 2017/203

Series: IMF Working Papers

Author(s): Richard Allen , Taz Chaponda , Lesley Fisher , and Rohini Ray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2017

DOI: http://dx.doi.org/10.5089/9781484314203.001

ISBN: 9781484314203

Keywords: Zambia, Congo, Republic of, Congo, Democratic Republic of the, Zimbabwe, Uganda, Togo, Tanzania, Sudan, Swaziland, Sub-Saharan Africa

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the per...

3. Institutional Sources of Fiscal Risks

3. Institutional Sources of Fiscal Risks »

Source: Monitoring and Managing Fiscal Risks in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Paolo Mauro , Herve Joly , Ari Aisen , Emre Alper , Francois Boutin-Dufresne , Jemma Dridi , Nikoloz Gigineishvili , Tom Josephs , Clara Mira , Vimal Thakoor , Alun Thomas , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 2015

ISBN: 9781513551265

Keywords: Burundi, East Africa, Fiscal risk, Infrastructure, Kenya, Public enterprises, Risk management, Rwanda, Tanzania, Uganda

This section considers risks that arise from weaknesses in institutional frameworks. Specifically, weaknesses in budget and financial management processes can often be a significant source of fiscal risk. Ex...

Interview with Eduardo Borensztein and Paolo Mauro: Reviving the case for GDP-indexed bonds

Interview with Eduardo Borensztein and Paolo Mauro: Reviving the case for GDP-indexed bonds »

Source: IMF Survey, Volume 31, Issue 21

Volume/Issue: 31/21

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2002

ISBN: 9781451926149

Keywords: technical assistance, capacity-building, member countries, public expenditure, monetary policy, East afritac opening,

Tanzanian President Benjamin William Mkapa’s remarks on the inauguration of East AFRITAC could not have been clearer or more emphatic. If Africa is to define its own economic destiny, it must strengthen its...

1. Macroeconomic Shocks

1. Macroeconomic Shocks »

Source: Monitoring and Managing Fiscal Risks in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Paolo Mauro , Herve Joly , Ari Aisen , Emre Alper , Francois Boutin-Dufresne , Jemma Dridi , Nikoloz Gigineishvili , Tom Josephs , Clara Mira , Vimal Thakoor , Alun Thomas , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 2015

ISBN: 9781513551265

Keywords: Burundi, East Africa, Fiscal risk, Infrastructure, Kenya, Public enterprises, Risk management, Rwanda, Tanzania, Uganda

The most recent public debt sustainability analysis (DSA) conducted by IMF and World Bank staff suggests that, in the baseline scenario, the public debt (in present value terms) would remain below the 50 per...

Medium-Term Budget Frameworks in Sub-Saharan African Countries

Medium-Term Budget Frameworks in Sub-Saharan African Countries »

Source: Medium-Term Budget Frameworks in Sub-Saharan African Countries

Volume/Issue: 2017/203

Series: IMF Working Papers

Author(s): Richard Allen , Taz Chaponda , Lesley Fisher , and Rohini Ray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2017

ISBN: 9781484314203

Keywords: Zambia, Congo, Republic of, Congo, Democratic Republic of the, Zimbabwe, Uganda, Togo, Tanzania, Sudan, Swaziland, Sub-Saharan Africa

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the per...

Members’ use of IMF credit:(million SDRs)

Members’ use of IMF credit:(million SDRs) »

Source: IMF Survey, Volume 31, Issue 21

Volume/Issue: 31/21

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2002

ISBN: 9781451926149

Keywords: technical assistance, capacity-building, member countries, public expenditure, monetary policy, East afritac opening,

Tanzanian President Benjamin William Mkapa’s remarks on the inauguration of East AFRITAC could not have been clearer or more emphatic. If Africa is to define its own economic destiny, it must strengthen its...

Monitoring and Managing Fiscal Risks in the East African Community

Monitoring and Managing Fiscal Risks in the East African Community »

Source: Monitoring and Managing Fiscal Risks in the East African Community

Volume: 15

Series: Departmental Papers / Policy Papers

Author(s): Paolo Mauro , Herve Joly , Ari Aisen , Emre Alper , Francois Boutin-Dufresne , Jemma Dridi , Nikoloz Gigineishvili , Tom Josephs , Clara Mira , Vimal Thakoor , Alun Thomas , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 2015

ISBN: 9781513551265

Keywords: Burundi, East Africa, Fiscal risk, Infrastructure, Kenya, Public enterprises, Risk management, Rwanda, Tanzania, Uganda

This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastru...

Back Matter

Back Matter »

Source: Monitoring and Managing Fiscal Risks in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Paolo Mauro , Herve Joly , Ari Aisen , Emre Alper , Francois Boutin-Dufresne , Jemma Dridi , Nikoloz Gigineishvili , Tom Josephs , Clara Mira , Vimal Thakoor , Alun Thomas , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 2015

ISBN: 9781513551265

Keywords: Burundi, East Africa, Fiscal risk, Infrastructure, Kenya, Public enterprises, Risk management, Rwanda, Tanzania, Uganda

This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastru...

Overview

Overview »

Source: Monitoring and Managing Fiscal Risks in the East African Community

Series: Departmental Papers / Policy Papers

Author(s): Paolo Mauro , Herve Joly , Ari Aisen , Emre Alper , Francois Boutin-Dufresne , Jemma Dridi , Nikoloz Gigineishvili , Tom Josephs , Clara Mira , Vimal Thakoor , Alun Thomas , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 2015

ISBN: 9781513551265

Keywords: Burundi, East Africa, Fiscal risk, Infrastructure, Kenya, Public enterprises, Risk management, Rwanda, Tanzania, Uganda

Monitoring and managing fiscal risks—defined as the possibility of deviations of fiscal outcomes from what was expected at the time of the budget or other forecast—are always key aspects of policymaking. The...

Per Jacobsson lecture: U.S. investment spending collapse: what caused it? what have we learned?

Per Jacobsson lecture: U.S. investment spending collapse: what caused it? what have we learned? »

Source: IMF Survey, Volume 31, Issue 21

Volume/Issue: 31/21

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2002

ISBN: 9781451926149

Keywords: technical assistance, capacity-building, member countries, public expenditure, monetary policy, East afritac opening,

Tanzanian President Benjamin William Mkapa’s remarks on the inauguration of East AFRITAC could not have been clearer or more emphatic. If Africa is to define its own economic destiny, it must strengthen its...