The Fiscal Dimensions of Adjustment in Low-Income Countries
June 16, 1992
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A strengthened fiscal position is at the core of most economic adjustment programs supported by IMF lending, especially for the poorer countries that draw on the IMF's structural adjustment facilities. This paper reviews developments in 23 countries and evaluates their experience with fiscal and structural adjustment, including their efforts to design social safety nets to cushion the effects of adjustment.
Subject: Economic sectors, Expenditure, Fiscal consolidation, Fiscal policy, Public enterprises, Public sector, Revenue administration, Tax administration core functions
Keywords: Africa, Asia and Pacific, Caribbean, consolidated government, ESAF arrangement, ESAF country, ESAF framework, ESAF program, Fiscal consolidation, fiscal year April-March, Global, IMF staff estimate, import tariff structure, Middle East, OP, Public enterprises, Public sector, Sub-Saharan Africa, Tax administration core functions
Pages:
65
Volume:
1992
DOI:
Issue:
010
Series:
Occasional Paper No. 1992/010
Stock No:
S095EA0000000
ISBN:
9781557752291
ISSN:
0251-6365
