Monitoring and Managing Fiscal Risks in the East African Community
August 13, 2015
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Summary
This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastructure projects, PPPs, and pension funds. In addition, weaknesses in the institutional framework are reviewed. This analysis highlights some of the largest risks and begins to give a sense of the potential magnitudes involved.
Subject: Budget planning and preparation, Economic sectors, Expenditure, Fiscal risks, Public debt, Public enterprises, Public financial management (PFM)
Keywords: Africa, Budget planning and preparation, central government, country, DP, DPPP, EAC country, EAC partner state, economic growth, Fiscal risks, General government expenditure, Global, government, natural resource, public enterprise, Public enterprises
Pages:
39
Volume:
2015
DOI:
Issue:
009
Series:
Departmental Paper No. 2015/009
Stock No:
MMFREACEA
ISBN:
9781513551265
ISSN:
2616-5333
