Fiscal Monitor, April 2011: Shifting Gears - Tackling Challenges on the Road to Fiscal Adjustment
April 12, 2011
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With increasing fiscal challenges in the aftermath of the global financial crisis, multilateral surveillance of fiscal developments, a key part of the IMF's surveillance responsibilities, has gained further importance. In response, the Fiscal Monitor was launched in 2009 to survey and analyze the latest public finance developments, update fiscal implications of the crisis and medium-term fiscal projections, and assess policies to put public finances on a sustainable footing. The Fiscal Monitor is prepared twice a year by the IMF's Fiscal Affairs Department. Its projections are based on the same database used for the IMF's World Economic Outlook (WEO) and Global Financial Stability Report (GFSR).
Subject: Expenditure, Fiscal consolidation, Fiscal policy, Fiscal risks, Fiscal stance, Public debt, Public financial management (PFM), Tax expenditures
Keywords: accounting stratagem, advanced economy, Africa, Caribbean, debt, deficit, deficit target, economy, Europe, Fiscal consolidation, Fiscal risks, Fiscal stance, FM, Global, IMF staff estimate, interest rate, interest rate shock, low-income economy, Middle East, North Africa, Policy implementation risk, risk index, short-term debt, tax expenditure, Tax expenditures
Pages:
161
Volume:
2011
DOI:
Issue:
001
Series:
Fiscal Monitor No. 2011/001
Stock No:
FMOEA2011001
ISBN:
9781616351403
ISSN:
2219-276X
