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Jean-Claude Milleron

’s program paper on Argentina, and I congratulate it for such an orientation. When I was with the United Nations in the mid-1990s, I set up a working group in which we focused the analysis of development strategy on such an approach. In retrospect, I have the feeling that the IMF Board did not easily accept following this type of approach. Let me conclude this first section with a respectful wish. Defining the proper conceptual references for the IEO’s assessments is not an easy task. The references must be explicit, as well as independent of fashions or dominant

International Monetary Fund

1994 ( Majuro ) Government of Marshall Islands , December 1995 , Policy Reform Program Paper ( Majuro ) Government of Marshall Islands , March 1996 , Bill No. 23 ND. 2 (Interim Budget Bill) ( Majuro ). Government of Marshall Islands , April 1996 , Marshall Islands Statistical Abstract 1995 ( Majuro ) International Monetary Fund , November 1995 , Marshall Islands and Federated States of Micronesia IMF Economic Review ( Washington ) International Monetary Fund , May 24 , 1995 , Marshall Islands - Staff Report for

International Monetary Fund. Fiscal Affairs Dept.

Directive—The Multiyear Expenditure Programming Paper 3. Multiyear Expenditure Programming Paper, Annual Performance Project and Annual Performance Report provided for by Directive 06/2009/CM/WAEMU on the budget law 4. Major Stages of a Budget Calendar Expanded to Include all the Programming Exercises 5. Specimen of an Action Plan to Modernize the DGBF Abbreviations and Acronyms AFRITAC IMF African Regional Technical Assistance Center ASTER Modular software package for the monitoring of government budget management and accounting

International Monetary Fund. Fiscal Affairs Dept.

Directorate of Treasury and Public Accounting DNCMP National Directorate of Public Procurement Control DOB Budget Strategy Discussions DPBEP Multiyear Budget and Economic Programming Paper DPIP Public Investment Programming Directorate DPP Programming and Forecasting Directorate DPPD Multiyear Expenditure Programming Paper EU European Union FAD Fiscal Affairs Department, IMF FADEC Municipality Development Support Fund FC Financial Control Unit GDP

International Monetary Fund

Front Matter Page © 2004 International Monetary Fund September 2004 IMF Country Report No. 04/295 Malawi: Staff-Monitored Program This paper on the staff-monitored program paper for Malawi was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 8, 2004 . The views expressed in this document are those of the staff team and do not necessarily reflect the views of the

International Monetary Fund. Fiscal Affairs Dept.

. 134 – 150 . Bahl , R. 2003 . “ Managing the Reform Process, ” Joseph L. Rotman School of Management, University of Toronto International Tax Program Paper 0301 , ( Toronto : University of Toronto ). Bevc , I. ( 2000 ), Property Tax in the Republic of Slovenia , Journal of Property Tax Assessment and Administration , 5 ( 4 ), pp. 57 – 62 . Blöchliger , H. , 2015 . “ Reforming the Tax on Immovable Property—Taking Care of the Unloved ”, OECD Economic Department Working Papers, No. 1205 , ( Paris , OECD Publishing ). FDI

International Monetary Fund. Fiscal Affairs Dept.

Directives of 2009, defines the general framework for programming and budgeting of public expenditure, including public investment. In particular, in Articles 49, 56, and 57, it prescribes a medium-term budget and expenditure framework (multiyear budget and economic programming paper—DPBEP and multiyear expenditure programming paper—DPPD) exercise based on a medium-term macroeconomic framework exercise. The LOLF and its implementing texts 46 introduce important innovations in line with international good practices designed to strengthen transparency and efficiency in