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Africa > Malawi

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Cover IMF Staff Country Reports
Malawi: Report on the Observance of Standards and Codes-Fiscal Transparency Module
International Monetary Fund
This paper presents report on the Observance of Standards and Codes—Fiscal Transparency Module for Malawi. A number of improvements have been made to budget management in Malawi in recent years that are increasing the level of fiscal transparency. Notable examples include the development of a sophisticated budget classification system and the introduction of the Medium-Term Expenditure Framework (MTEF) budgeting process. However, the developments have not been applied consistently across the different areas of fiscal management, and there has been insufficient attention to data quality.
Keywords:
ISCR; CR; government; government policy; financial asset; government regulation; public finance; finance committee; government's account; government policy in Malawi; budget sector; government of Malawi; accounts document; Budget planning and preparation; Public enterprises; Contingent liabilities; Africa