Fiscal policy and management

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• Canonical URL: Fiscal policy and management
• Part of: IMF Blogs
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Contents

• The Energy Shock Is Testing Government Budgets
  • Published: June 18, 2026
  • Authors: Era Dabla-Norris, Christian Mumssen, Rodrigo Valdés, Daria Zakharova
  • Summary: New policy tracker shows many governments pursuing costly responses to fuel and food price hikes, leaving less room to address future challenges
• Responding to the Energy and Food Price Shock: Getting the Policy Details Right
  • Published: May 20, 2026
  • Authors: Pierre-Olivier Gourinchas, Borja Gracia, Delphine Prady, Rodrigo Valdés
  • Summary: Governments can protect vulnerable households, keep businesses open, and preserve price signals without straining public finances
• War Shock Requires Disciplined Fiscal Reaction
  • Published: April 15, 2026
  • Authors: Krzysztof Bankowski, Natasha X Che, Era Dabla-Norris, Rodrigo Valdés
  • Summary: Middle East conflict intensifies global uncertainty at a time of strained public finances, underscoring the need for policies that preserve future stability
• Spending Smarter to Boost Growth
  • Published: October 7, 2025
  • Authors: Era Dabla-Norris, Davide Furceri, Zsuzsa Munkacsi, Galen Sher
  • Summary: Spending more efficiently and reallocating public funds toward investment and innovation can be a powerful growth strategy
• Fiscal Rules Foster Stability as Spending Pressures Grow
  • Published: September 25, 2025
  • Authors: Era Dabla-Norris, Raphael Lam, Francisco Roch
  • Summary: Prudent anchors, corrective mechanisms, and supportive institutions can help countries comply with their fiscal rules and commit to sound public finances
• Rising Global Debt Requires Countries to Put their Fiscal House in Order
  • Published: April 23, 2025
  • Authors: Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro
  • Summary: Amid heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new spending pressures
• How to Build Public Support for Energy Subsidy and Pension Reforms
  • Published: April 16, 2025
  • Authors: Era Dabla-Norris, Davide Furceri, Mauricio Soto
  • Summary: Public approval is crucial for carrying out difficult reforms that can help countries lower debt and increase growth
• Why Latin America Needs Lower Deficits and Stronger Fiscal Rules
  • Published: December 18, 2024
  • Authors: Juan Passadore, Juan Pedro Treviño, Rodrigo Valdés
  • Summary: The increase in debt in the last decade points to the need for lowering deficits, rebuilding space to deal with shocks, and strengthening fiscal rules
• Political Parties of all Stripes are Pushing for Higher Government Spending
  • Published: September 16, 2024
  • Authors: Era Dabla-Norris, Enrico Di Gregorio, Yongquan Cao
  • Summary: Large fiscal deficits and elevated debt levels call for greater fiscal prudence, but political forces are pulling in the opposite way
• Why Our World Needs Fiscal Restraint in Biggest-Ever Election Year
  • Published: April 17, 2024
  • Authors: Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro, Jiae Yoo
  • Summary: Governments should stay the course on fiscal consolidation amid mounting debt.
• Industrial Policy Is Not a Magic Cure for Slow Growth
  • Published: April 10, 2024
  • Authors: Era Dabla-Norris, Daniel Garcia-Macia, Vitor Gaspar, Li Liu
  • Summary: It can be tempting for countries to turn to industrial policy, but a policy mix supporting innovation more broadly can help boost economic growth
• Fiscal Policy Can Promote Economic Stability and Address Risks to Public Finances
  • Published: April 12, 2023
  • Authors: Francesca Caselli, Vitor Gaspar, Gee Hee Hong, Paulo Medas
  • Summary: Following exceptional pandemic support, governments should foster disinflation and financial stability while protecting the most vulnerable and safeguarding public finances
• Fiscal Policy Can Help People Rebound From Cost of Living Crisis
  • Published: October 12, 2022
  • Authors: Vitor Gaspar, Raphael Lam, Paolo Mauro, Roberto Piazza
  • Summary: Countries should prioritize protecting the vulnerable through targeted support while keeping a tight fiscal stance to help fight inflation
• Middle East Needs Fairer Taxes to Aid Growth and Ease Inequality
  • Published: July 6, 2022
  • Authors: Jihad Azour, Priscilla Muthoora, Geneviève Verdier
  • Summary: More progressive taxes with fewer exemptions would help governments pay for immediate spending priorities and make societies fairer.
• Corporate Taxation in the Global Economy
  • Published: March 25, 2019
  • Authors: Christine Lagarde

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Source: https://www.imf.org/en/blogs/topics/fiscal%20policy%20and%20management