Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 06 May 2007
Keywords: Development assistance, Fiscal policy, Use of Fund resources, Official development assistance, Heavily indebted poor countries, Absorptive capacity, Expenditure efficiency, PFM, medium-term, scaled-up
Sound fiscal policies are critical for handling aid volatility as well as for making effective use of scaled-up aid and other flows. By easing resource constraints, these flows allow low-income countries (LICs) to...