Cover IMF Staff Country Reports
Colombia: Report on the Observance of Standards and Codes-Fiscal Transparency Module
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2003: Issue 128
Language:
English
Publication Date:
15 May 2003
DOI:
https://doi.org/10.5089/9781451808810.002
ISBN:
9781451808810
ISSN:
1934-7685
Pages:
43
Keywords:
ISCR; CR; organic law; executive branch; public finance; government On Line; personnel administration; president of the republic; public servant; fiscal year; private sector; debt service; annual budget; cash basis; balance sheet; fiscal policy; government statistics; Budget planning and preparation; Public sector
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This report examines the Observance of Standards and Codes on Fiscal Transparency for Colombia. Colombia has made considerable progress in improving transparency in public finances. Major initiatives include: adoption of the Presidential Anti-Corruption Plan; improvement in the management of public banks; clarification of the expenditure responsibilities and resources among different levels of government; and introduction of modern accounting procedures. The legislative agenda now under way could lead to the adoption of important standards in the area of fiscal responsibility and transparency, as well as the integration and strengthening of territorial legislation.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2003: Issue 128