Monitoring and Managing Fiscal Risks in the East African Community
Departmental Papers, August 13, 2015
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- Monitoring and Managing Fiscal Risks in the East African Community
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Bibliographic details
- Authors: Paolo Mauro, Herve Joly, Ari Aisen, Emre Alper, Francois Boutin-Dufresne, Jemma Dridi, Nikoloz Gigineishvili, Tom Josephs, Clara Mira, Vimal V Thakoor, Alun H. Thomas, Fan Yang
- Published: August 13, 2015
- Series: Departmental Papers
- DOI: https://doi.org/10.5089/9781513551265.087
Summary
- This paper takes stock of the main fiscal risks facing the EAC partner countries.
- The analysis highlights some of the largest risks and begins to give a sense of the potential magnitudes involved.
Main fiscal risks identified
- Macroeconomic shocks.
- Financial performance of the public enterprises.
- Large infrastructure projects.
- Public-Private Partnerships (PPPs).
- Pension funds.
Institutional and framework issues
- Weaknesses in the institutional framework for monitoring and managing fiscal risks are reviewed.
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- Monitoring and Managing Fiscal Risks in the East African Community