United Kingdom : Fiscal Transparency Evaluation

Author/Editor:

International Monetary Fund. Fiscal Affairs Dept.

Publication Date:

November 16, 2016

Electronic Access:

Free Full Text (PDF file size is 2359 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This report assesses fiscal transparency practices in the United Kingdom in relation to the requirements of the IMF’s new Fiscal Transparency Code (FTC). Across all pillars evaluated in the code, the United Kingdom scores very highly when compared with other countries that have undergone an assessment. Of the 48 principles in the FTC, the United Kingdom meets 9 principles at the basic level, 10 principles at the good level, and 23 principles at the advanced level. Fiscal transparency practices are strongest in the area of fiscal reporting and resource revenue management. In four principles, the United Kingdom’s transparency practices do not currently meet basic practice.

Series:

Country Report No. 16/351

Subject:

English

Publication Date:

November 16, 2016

ISBN/ISSN:

9781475553451/1934-7685

Stock No:

1GBREA2016018

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

88

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