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Monitoring and Managing Fiscal Risks in the East African Community
Author:
Mr. Paolo Mauro
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Mr. Herve Joly
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Mr. Ari Aisen
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Mr. Emre Alper
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Mr. Francois Boutin-Dufresne
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Mr. Jemma Dridi
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Mr. Nikoloz Gigineishvili
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Mr. Tom Josephs
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Ms. Clara Mira
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Mr. Vimal V Thakoor
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Mr. Alun H. Thomas
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Mr. Fan Yang
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Series:
Departmental Papers
Volume/Issue:
Volume 2015: Issue 009
Language:
English
Publication Date:
13 Aug 2015
DOI:
https://doi.org/10.5089/9781513551265.087
ISBN:
9781513551265
ISSN:
2616-5333
Pages:
39
Keywords:
DPPP; DP; government; public enterprise; natural resource; country; EAC country; central government; EAC partner state; economic growth; General government expenditure; Public enterprises; Fiscal risks; Budget planning and preparation; Africa; Global
Legal-disclaimer:
The Departmental Paper Series presents research by IMF staff on issues of broad regional or cross-country interest. The views expressed in this paper are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastructure projects, PPPs, and pension funds. In addition, weaknesses in the institutional framework are reviewed. This analysis highlights some of the largest risks and begins to give a sense of the potential magnitudes involved.
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Cover Departmental Papers
Departmental Papers
ISSN:
2616-5333
Publisher:
International Monetary Fund