## Navigating the Fiscal Challenges Ahead

_Fiscal Monitor, May 13, 2010_

## Source details

**Canonical URL:** [Navigating the Fiscal Challenges Ahead](https://www.imf.org/en/publications/fm/issues/2016/12/31/navigating-the-fiscal-challenges-ahead)

## Other formats

- [Markdown version](/en/publications/fm/issues/2016/12/31/navigating-the-fiscal-challenges-ahead/index.md)
- [Structured JSON version](/en/publications/fm/issues/2016/12/31/navigating-the-fiscal-challenges-ahead/index.json)
- [Bundle manifest](/en/publications/fm/issues/2016/12/31/navigating-the-fiscal-challenges-ahead/bundle-manifest.json)

## Bibliographic details
- Published: May 13, 2010
- Series: Fiscal Monitor
- DOI: https://doi.org/10.5089/9781455280490.089

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### Overview
- Launched in 2009 in response to increasing fiscal challenges after the global financial crisis.
- The Fiscal Monitor surveys and analyzes the latest public finance developments, updates fiscal implications of the crisis and medium-term fiscal projections, and assesses policies to put public finances on a sustainable footing.
- Starting with this issue, the Monitor is part of the IMF's World Economic and Financial Surveys series, complementing the World Economic Outlook (WEO) and the Global Financial Stability Report (GFSR).
- Prepared twice a year by the IMF's Fiscal Affairs Department.

### Purpose and Scope
- Multilateral surveillance of fiscal developments is emphasized as a key IMF surveillance responsibility.
- The Monitor's objectives:
  - Survey and analyze public finance developments.
  - Update fiscal implications of the crisis and medium-term fiscal projections.
  - Assess policies to restore sustainability of public finances.

### Preparation and Methodology
- The Monitor's projections are based on the same database used for the April 2010 WEO and GFSR.
- Fiscal projections for individual countries have been prepared by IMF desk economists.
- In line with WEO guidelines, projections assume that announced policies will be implemented.

### Subjects and keywords
- Subject: Expenditure, Financial sector, Fiscal consolidation, Fiscal stance, Public debt
- Keywords: debt, debt ratio, economy, emerging economy, FM, reform

### Notes
- From Stimulus to Consolidation: Revenue and Expenditure Policies in Advanced and Emerging Economies -- IMF Policy Paper
- See Presentation by Mr. Carlo Cottarelli, Director of the IMF Fiscal Affairs Department
- IMF Executive Board Discusses Revenue and Expenditure Policies for Fiscal Consolidation in the Wake of the Global Financial Crisis
- View the Fiscal Monitor Database

*International Monetary Fund. Fiscal Affairs Dept. Navigating the Fiscal Challenges Ahead, (USA: International Monetary Fund, 2010) accessed 9/18/2026, https://doi.org/10.5089/9781455280490.089*

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## Content in this bundle

- **Navigating the Fiscal Challenges Ahead; IMF Fiscal Monitor; May 14, 2010.**
  - [Navigating the Fiscal Challenges Ahead; IMF Fiscal Monitor; May 14, 2010. (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/fm/2010/_fm1001.pdf.md){rel="alternate" type="text/markdown"}
  - [Navigating the Fiscal Challenges Ahead; IMF Fiscal Monitor; May 14, 2010. (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/fm/2010/_fm1001.pdf){rel="external" type="application/pdf"}
- **IMF Fiscal Monitor — Carlo Cottarelli — May 14, 2010**
  - [IMF Fiscal Monitor — Carlo Cottarelli — May 14, 2010 (Markdown version)](/-/media/websites/imf/imported-publications/external/pubs/ft/fm/2010/_fm1001ppt.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF Fiscal Monitor — Carlo Cottarelli — May 14, 2010 (PDF)](/-/media/websites/imf/imported-publications/external/pubs/ft/fm/2010/_fm1001ppt.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/fm/issues/2016/12/31/navigating-the-fiscal-challenges-ahead_