## Greece: Report on Observance of Standards and Codes—Fiscal Transparency Module-Update

_IMF Staff Country Reports, June 11, 2003_

## Source details

**Canonical URL:** [Greece: Report on Observance of Standards and Codes—Fiscal Transparency Module-Update](https://www.imf.org/en/publications/cr/issues/2016/12/30/greece-report-on-observance-of-standards-and-codes-fiscal-transparency-module-update-16616)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/greece-report-on-observance-of-standards-and-codes-fiscal-transparency-module-update-16616/index.md)
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## Bibliographic details
- Published: June 11, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451816174.002

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### 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).*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/greece-report-on-observance-of-standards-and-codes-fiscal-transparency-module-update-16616_