Code of Good Practices on Fiscal Transparency, revised April 2007

Publication Date:

April 20, 2007

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file


The IMF has revised its Code of Good Practices on Fiscal Transparency, following a public consultation process. Nine new practices have been added to the Code and many existing practices have been broadened in scope. The four pillars of the original Code remain unchanged: clarity of roles and responsibilities, open budget processes, public availability of information and assurances of integrity. The revised Code will be used in IMF surveillance and in voluntary assessments of fiscal transparency in member countries under the standards and codes initiative. Two associated documents - the Manual on Fiscal Transparency (2007) and the Guide on Resource Revenue Transparency (2007) - provide supporting in-depth coverage of good practices.


Policy Papers



Publication Date:

April 20, 2007





Please address any questions about this title to