Parade crosses Murillo Square in La Paz, Bolvia. Better fiscal transparency will help countries across Latin America and other regions in the move to more stable economic growth (photo: Carlos Barrios/ABI)
August 07, 2014
Transparency is critical for effective fiscal management, and helps ensure that governments have an accurate picture of their finances when making economic decisions, including of the costs and benefits of policy changes and potential fiscal risks.
Public financial management blogIMF & fiscal transparency
Fiscal transparency factsheetLaunch of consultations
August 06, 2014Effective administration of public revenues derived from the petroleum and mining industries gets a boost with the release of a new IMF handbook. Policymakers and government officials in charge of administering oil, gas and mining revenues now have practical guidelines at their disposal.
July 29, 2014The job of reducing external imbalances is not complete, says an updated analysis by IMF staff. The 2014 Pilot External Sector Report recognizes substantial progress relative to the pre-crisis peak imbalances, but sees much smaller progress more recently, and some cases of widening imbalances.
July 10, 2014A new IMF paper shows how subsidy reform has recently gained momentum in the Middle East and North Africa and outlines the elements of successful subsidy reform.
June 20, 2014The IMF continues to consider ways to improve its lending policies for countries experiencing sovereign debt distress so that the costs of crisis resolution can be minimized for debtors, creditors, and ultimately the international financial system.
June 12, 2014As the global environment turns less supportive and productivity gains of the last decade fade, growth in emerging markets will have to come from new engines, supported by a new wave of structural reforms, a new IMF study says.
April 14, 2014In an interview, Tharman Shanmugaratnam—Deputy Prime Minister of Singapore and IMFC Chair—says that we are in a new phase of recovery requiring a new balance in policymaking, focused on building resilience in growth and jobs.
April 09, 2014Over the past six months, financial stability has broadly improved in advanced economies and has deteriorated in emerging economies, according to the International Monetary Fund’s latest Global Financial Stability Report.
March 31, 2014The mix of investors in emerging market stocks and bonds has evolved considerably over the past 15 years, which has made capital flows and asset prices in these countries more sensitive to events outside their own borders, according to new research from the International Monetary Fund.
March 28, 2014The IMF releases to the general public its new toolkit for assessing public debt sustainability in countries that have access to international capital markets.
March 03, 2014Upcoming IMF research will look at the cross-border impact of taxation laws, and to better inform its work the IMF seeks input from interested external groups.
July 31, 2014Fiscal policies should be center stage in getting energy prices to reflect the harmful and environmental side effects associated with energy use, according to a new report released by the IMF.
July 29, 2014As the global economy shifts from crisis to recovery mode, the changing growth patterns—with advanced economies generally recovering and emerging markets slowing on a broad basis—carry new spillover risks, says the IMF staff.
June 23, 2014Policymakers around the world need to finish and implement their plans to deal with global banks when they fail, according to a new progress report from the International Monetary Fund.
June 19, 2014The IMF’s work agenda for the period ahead focuses on transforming the modest, uneven, and fragile recovery into more rapid, balanced, and sustainable growth.
June 09, 2014The IMF must provide high-quality fiscal services to its members, especially through technical assistance and capacity building work, says Vitor Gaspar, the new Director of the IMF’s Fiscal Affairs Department.
April 12, 2014The IMFC stressed that countries should shift their focus from the short term to the medium term, with special emphasis on carrying out structural reforms that will support sustainable, balanced, and job-rich growth.
April 09, 2014In many countries, public finances remain on edge as economies struggle to return to pre-crisis levels of economic growth, highlighting the need for growth-supporting fiscal reforms, according to the International Monetary Fund’s latest Fiscal Monitor report.
March 31, 2014Reforms since the global financial crisis have reduced, but not eliminated the implicit government subsidy afforded to banks considered “too important to fail” because their failure would threaten the stability of the financial system.
March 13, 2014Growing inequality in recent years has put pressure on fiscal policy. While the question of how much redistribution the state should do rests with national governments, policy design has a critical bearing on the effects on efficiency and growth.
February 24, 2014The IMF is seeking the views of civil society organizations on how to improve the effectiveness and traction of its surveillance—its role overseeing the international monetary system and monitoring the economic and financial policies of its 188 member countries.
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