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Business and Economics > Budgeting

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Cover Policy Papers
FY2018 - Output Cost Estimates and Budget Outturn
International Monetary Fund. Finance Dept.
and
International Monetary Fund. Monetary and Capital Markets Department
The Fund continues to make efforts to maximize the use of available resources in order to deliver on the priorities and initiatives laid out in the Global Policy Agenda (GPA). The FY 18 outturn reflects reallocations and efficiency gains, as well as flexibility provided by carry forward resources. With the number of Fund arrangements falling, the Fund’s outputs shifted from spending on lending activity to multilateral surveillance. On the input side, the structural budget was fully utilized. This paper presents key highlights of the FY 18 outturn, including a discussion of the outputs and inputs. Details on Capacity Development (CD) are presented in Annex
Keywords:
PP; fy; spend; CD spending; expenditures FY; country spend; governance cost; travel budget; Budget planning and preparation; Total expenditures; Capital spending; Public expenditure review; Global
Cover IMF Staff Country Reports
Bhutan: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper
International Monetary Fund
This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) Progress Report for Bhutan. Bhutan’s PRSP aims to galvanize the poverty reduction efforts of the Royal Government of Bhutan, building on past achievements. It targets an average growth rate of 8¼ percent during 2004/05–2006/07, which is about 1¾ percentage points above that experienced during the Eighth Plan and the first two years of the Ninth Plan. Pushing the economy to this higher growth trajectory will be a challenge; however, some increase in the growth rate can be expected over the medium term.
Keywords:
ISCR; CR; spending; PRSP cover note; evaluation; PRSP objective; PRSP goal; RGoB's PRSP; PRSP target; efforts of the Royal Government of Bhutan; staffs support RGoB effort; PRSP implementation; Poverty reduction strategy; Budget planning and preparation
Cover IMF Staff Country Reports
Bhutan: Poverty Reduction Strategy Paper
International Monetary Fund
This paper discusses Bhutan’s Poverty Reduction Strategy Paper (PRSP). The Royal Government of Bhutan has initiated the PRSP process as part of broader ongoing efforts to combat poverty. The main objective of the PRSP process is to strengthen the strategic framework for poverty reduction, improve donor coordination, and build support for new initiatives in public expenditure management and poverty monitoring and evaluation. The envisaged process builds directly on the Ninth Five-Year Plan (Ninth Plan).
Keywords:
ISCR; CR; poverty line; absolute poverty; live births; arable land; capital outlay; rate of inflation; food grain; quality of life; Plan target; living standard; capital expenditure outlay; Income; South Asia; Global
Cover IMF Staff Country Reports
Bhutan: Recent Economic Developments
International Monetary Fund
This paper describes economic developments in Bhutan during the 1990s. The paper discusses the fiscal outcome in 1993/94 (July–June) and the main elements of the authorities’ budget proposals for 1994/95. It assesses monetary and credit developments, as well as the major initiatives adopted by the authorities in the area of financial sector reform. The paper analyzes balance-of-payments developments in 1993/94 and changes in the exchange and trade system. The paper also highlights that output was estimated to have risen by more than 5 percent in 1993.
Keywords:
ISCR; CR; Bhutan; balance of payments development; excess reserves; Bhutan's balance of payments statistics; monetary management; hard currency; Credit; Monetary base; Imports; Public enterprises