Macro-Fiscal Management Practices in Eastern and Southern Africa

Author/Editor:

Bryn Battersby ; Ian Lienert

Publication Date:

February 5, 2021

Electronic Access:

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Summary:

This paper examines the institutional arrangements of the macro-fiscal function in 16 African countries. Most ministries of finance (MoFs) have established a macro-fiscal department or unit, but their functions, size, structure and outputs vary considerably. Based on a survey, we present data on staff size, functional scope and the forecasting performance of macro-fiscal departments and identify common challenges in the countries reviewed. Some MoFs perform many macro-fiscal functions, but actions of various kinds are needed to strengthen their macro-fiscal departments. This paper provides some guidance for policy-makers in the region for enhancing the quality and scope of macro-fiscal outputs.

Series:

Working Paper No. 2021/030

Frequency:

regular

English

Publication Date:

February 5, 2021

ISBN/ISSN:

9781513567730/1018-5941

Stock No:

WPIEA2021030

Format:

Paper

Pages:

38

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