Narrow Your Choices

Refine By Countries

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Business and Economics > Budgeting

You are looking at 1 - 7 of 7 items for :

  • Type: Journal Issue x
Clear All Modify Search
Cover IMF How To Notes
How to Check Integrity of Fiscal Data
Mr. Pokar D Khemani
and
Mr. Benoit Wiest
The accuracy and reliability of government accounts and fiscal data is an issue in a number of countries, with significant and persistent discrepancies that can indicate underlying weaknesses in the country’s public financial management system. This note provides guidance on how to detect issues with data quality, perform integrity checks, and reconcile fiscal data from various sources. It discusses the importance of reconciliation to provide reasonable assurance on the quality and reliability of government fiscal data, explores the main reasons for which discrepancies may arise, and explains how to conduct quality checks. The note concludes with recommendations for country teams of concrete steps to ensure data quality.
Keywords:
FADHTN; HTN; balance; bullet; suspense account; bank account; debt; bank reconciliation; government debt; revenue code; accounting system; cash deficit; balances of suspense accounts; year-end cash balance; central bank; Government finance statistics; Fiscal accounting and reporting; Financial statistics; Budget planning and preparation; Middle East and Central Asia; Asia and Pacific; Western Hemisphere; Europe; Africa
Cover IMF Working Papers
Bank Efficiency amid Foreign Entry: Evidence from the Central American Region
Torsten Wezel
This paper investigates the efficiency of domestic and foreign banks in the Central American region during 2002-07. Using two main empirical approaches, Data Envelopment Analysis and Stochastic Frontier Analysis, the paper finds that foreign banks are not necessarily more efficient than their domestic counterparts. If anything, the regional banks that were acquired by global banks in a wave of acquisitions during 2005-07 can keep up with the local institutions. The efficiency of these acquired banks, however, is shown to have dropped during the acquisition year, recovering only slightly thereafter. Finally, it is important to account for the environment in which banks operate, as country-, sector- and firm-specific characteristics are found to have a considerable influence on bank efficiency.
Keywords:
WP; technical efficiency; percentage; takeover
Cover IMF Staff Country Reports
Nicaragua: Report on the Observance of Standards and Codes (ROSC)—Data Module
International Monetary Fund
Nicaragua’s report on the Observance of Standards and Codes examines Data Module, response by the authorities, and detailed assessments using the data quality assessment framework. The Ministry of Finance and Public Credit provides an institutional environment for compiling budgetary transactions data but not for compiling statistics for general government and/or nonfinancial public enterprises. The environment fosters good arrangements for data sharing among agencies involved in government finance statistics compilation and dissemination.
Keywords:
ISCR; CR; Nicaragua; balance of payments; CPI; cross-sector consistency; CBN website; hard copy; ROSC recommendation; central government; Consumer price indexes; Monetary statistics; Balance of payments statistics; Producer price indexes; Central America; Global
Cover Policy Papers
Enhanced Heavily Indebted Poor Countries (HIPC) Initiative - Creditor Participation Issues
International Monetary Fund
NULL
Keywords:
PP; lawsuit; HIPCs; HIPC debt-relief agreement; fund; HIPC relief; HIPC debt relief; HIPC country document; fund staff; creditor litigation; HIPC status; HIPC debtor; HIPC creditor; Debt relief; Debt reduction; Legal support in revenue administration; Extra-budgetary funds; Loans; West Africa
Cover IMF Working Papers
Budget Support Versus Project Aid
Mr. Tito Cordella
and
Mr. Giovanni Dell'Ariccia
Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the developmental expenditures can be subject to conditionality. We show that budget support is preferable to project aid when donors and recipients' preferences are aligned, and when assistance is small relative to recipients' resources. Then, we test our model estimating a modified growth model for a panel of developing countries, and find evidence in support of our predictions.
Keywords:
WP; budget support; first derivative; aid policy; conditionality; asymmetric information; empirical growth models; policy Index; project aid; recipient government; Budget planning and preparation; Project loans; Poverty reduction; Capital spending; Sub-Saharan Africa; East Asia
Cover IMF Staff Country Reports
Nicaragua: Report on Observance of Standards and Codes-Fiscal Transparency Module
International Monetary Fund
This report assesses the Observance of Standards and Codes on the Fiscal Transparency Module for Nicaragua. Nicaragua has made notable progress in recent years in improving fiscal management and fiscal transparency. The public sector has been downsized and different branches and levels of government have been more clearly defined. The budget is providing more comprehensive information on the government’s fiscal activities in the framework of institutional, programmatic, and economic classifications. The implementation of a financial management information system and a treasury single account are providing timely and more reliable information on budget execution and borrowing.
Keywords:
ISCR; CR; budget; government; audit; GBR; administration; execution report; preparation process; fiscal policy; budget scenario; government intervention; budget execution report; policy priority; quarterly budget execution report; president of the republic; budget balance; government transaction; Budget planning and preparation; Budget execution and treasury management; Auditing
Cover IMF Working Papers
Military Expenditure: Econometric Testing of Economic and Political Influences
Mr. Daniel P. Hewitt
Econometric results from an analysis of the determinants of military expenditure in 125 countries during 1972-88 are presented. The dependent variable is the ratio of military expenditure to GDP; included among the explanatory variables are economic and financial indicators, political variables summarizing the form of government, and demographic and geographic features of nations. The results strongly confirm the importance of these variables in explaining cross-country differences in levels of military expenditure.
Keywords:
WP; central government; military expenditure; concentration ratio; form of government variable; government consumption expenditure; government finance statistics yearbook; country category; government management; government budget identity; expenditure in proportion to GDP; Gov't consumption ratio; government consumption expenditure in proportion to GDP; consumption expenditure; government management of the economy; Defense spending; Central government spending; Budget planning and preparation; Middle East