Fiscal transparency entails being open to the public about the government's past, present, and future fiscal activities, and about the structure and functions of government that determine fiscal policies and outcomes.
The IMF is planning revisions to the Code of Good Practices on Fiscal Transparency and related instruments. Read more
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What do we mean by fiscal transparency and why do we care about it? How exactly should a government explain its policies on spending, taxing, and borrowing, and show their effects?
The two videos on the right provide some answers. They also serve as a guide to the different sections of this website and explain how to use the resources available on this site.
A Country Report on Fiscal Transparency (Report on Observance of Standards and Codes) assesses a country’s current practices relative to the Code and suggests a schedule of reforms.
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