Budget Institutions in Low-Income Countries: Lessons from G-20

Author/Editor:

Sanjeev Gupta ; Sami Yläoutinen

Publication Date:

September 11, 2014

Electronic Access:

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

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper presents twelve budget institutions that can support planning and delivery of credible fiscal strategies in the fiscal policy-making process. The resulting framework is applied to seven low-income countries and the status of their budget institutions compared to the G-20 advanced and emerging market economies. The paper then presents recommendations for designing and implementing appropriate fiscal strategy for low- income countries. Particular attention is paid to prioritization and sequencing of reform efforts.

Series:

Working Paper No. 2014/164

Subject:

Budget execution and treasury management Budget planning and preparation Expenditure Macroeconomic and fiscal forecasts Medium-term budget frameworks Public financial management (PFM)

English

Publication Date:

September 11, 2014

ISBN/ISSN:

9781498329439/1018-5941

Stock No:

WPIEA2014164

Pages:

35

Please address any questions about this title to publications@imf.org