Greece: Report on Observance of Standards and Codes—Fiscal Transparency Module-Update
IMF Staff Country Reports, June 11, 2003
Source details
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- Greece: Report on Observance of Standards and Codes—Fiscal Transparency Module-Update
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Bibliographic details
- Published: June 11, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451816174.002
Summary findings
- The paper presents an update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency for Greece.
- Two important steps toward improving fiscal transparency since the last ROSC update were:
- Greece’s subscription to the Special Data Dissemination Standard in November 2002.
- Participation in the preparation of the data module of the ROSC.
- Other reforms and improvements noted:
- Improving fiscal audits.
- Improving the evaluation of budget expenditure.
- Measures in the recent tax reform to simplify the tax system.
Key developments and reforms
- Subscription and standards:
- Greece subscribed to the Special Data Dissemination Standard (SDDS) in November 2002.
- Greece participated in preparing the data module of the ROSC.
- Fiscal management and oversight:
- Enhancements in fiscal audits.
- Strengthened evaluation processes for budget expenditure.
- Tax policy changes:
- Recent tax reform included measures explicitly aimed to simplify the tax system.
Subject coverage
- Budget planning and preparation
- Economic and financial statistics
- Financial statements
- Fiscal accounting and reporting
- Fiscal transparency
- Public financial management (PFM)
- Special Data Dissemination Standard (SDDS)
Publication and document specifics
- Publication date: June 11, 2003
- Pages: 6
- Volume: 2003
- Issue: 158
- Series: Country Report No. 2003/158
- DOI: https://doi.org/10.5089/9781451816174.002
- Stock No: 1GRCEA0032003
- ISBN: 9781451816174
- ISSN: 1934-7685
International Monetary Fund. Greece: Report on Observance of Standards and Codes—Fiscal Transparency Module-Update (IMF Staff Country Reports 2003, 158).