IMF Working Papers

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

Author/Editor:

Sanjeev Gupta ; Sami Yläoutinen

Publication Date:

September 11, 2014

Electronic Access:

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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. 14/164

Subject:

Budget execution Budgeting Budgets Cross country analysis Fiscal policy Fiscal reforms Group of Twenty Low income countries Low-income developing countries