Reflections on Quantitative Fiscal Conditionality in African PRGF-Supported Programs

Author/Editor:

Daria V Zakharova ; Annalisa Fedelino

Publication Date:

May 1, 2006

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

We survey quantitative fiscal conditionality in selected sub-Saharan African PRGFsupported programs, and assess the conditionality against some possible benchmarks and best practices. While noting many caveats, the paper suggests some possible scope for further attuning of this conditionality to countries' specific macro-fiscal situations. The paper also offers some suggestions on how quantitative fiscal conditionality might be further enhanced.

Series:

Working Paper No. 06/118

Subject:

English

Publication Date:

May 1, 2006

ISBN/ISSN:

9781451863789/1018-5941

Stock No:

WPIEA2006118

Format:

Paper

Pages:

27

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