Manual on Fiscal Transparency (2007)

Manuals & Guides, October 19, 2007

Source details

Provides an authoritative account and explanation of the revised IMF Code of Good Practices on Fiscal Transparency (the Code).
Expands and updates the 2001 edition of the Manual, used by countries undertaking assessments of the transparency of their fiscal management practices (including so-called fiscal ROSCs), legislatures, civil society organizations, economists, and financial analysts.
Supplemented by the revised Guide on Resource Revenue Transparency.
Reflects a public comment process.

Provides citizens with information to hold governments accountable for their policy choices.
Informs and improves the quality of economic policy decisions.
Highlights potential risks to the fiscal outlook.
Eases a country’s access to international capital markets.

Numerous new examples of implementation of the Code by countries in all regions of the world and at different levels of development are included.
Topics covered (subject classification):
- Budget planning and preparation
- Central banks
- Contingent liabilities
- Expenditure
- Fiscal accounting and reporting
- Fiscal transparency
- Public financial management (PFM)
- Quasi-fiscal operations

Keywords include: Africa, appropriation, Asia and Pacific, audit body, audit report, budget documentation, Budget planning and preparation, budget proposal, Caribbean, Contingent liabilities, Eastern Europe, Europe, final accounts, Fiscal accounting and reporting, Global, government, government activity, government auditing, internal audit procedure, M&G, quality standard, Quasi-fiscal operations, revenue collection, South America, term id

International Monetary Fund — Manual on Fiscal Transparency (2007), accessed from the IMF publications landing page.