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Fiscal Monitor

With increasing fiscal challenges in the aftermath of the global financial crisis, multilateral surveillance of fiscal developments, a key part of the IMF’s surveillance responsibilities, has gained further importance. In response, the Fiscal Monitor was launched in 2009 to survey and analyze the latest public finance developments, update fiscal implications of the crisis and medium-term fiscal projections, and assess policies to put public finances on a sustainable footing.

The Fiscal Monitor is prepared twice a year by the IMF’s Fiscal Affairs Department. Its projections are based on the same database used for the World Economic Outlook (WEO) and the Global Financial Stability Report (GFSR). The fiscal projections for individual countries have been prepared by IMF desk economists, and, in line with the WEO guidelines, assume that announced policies will be implemented.


October 21, 2016


IMF Fiscal Monitor -- Debt: Use it Wisely -- October 2016

October 05, 2016

IMF Fiscal Monitor -- Debt: Use it Wisely -- October 2016

October 05, 2016

IMF Fiscal Monitor -- Acting Now, Acting Together -- April 2016

April 13, 2016


IMF Fiscal Monitor -- The Commodities Roller Coaster: A Fiscal Framework for Uncertain Times -- October 2015

September 07, 2015

IMF Fiscal Monitor -- Now Is the Time: Fiscal Policies for Sustainable Growth -- April 2015

April 08, 2015


IMF Fiscal Monitor -- Back To Work: How Fiscal Policy Can Help, October 2014

October 08, 2014

IMF Fiscal Monitor -- Public Expenditure Reform: Making Difficult Choices, April 2014

April 09, 2014


IMF Fiscal Monitor (FM) -- Taxing Times, October 2013

October 09, 2013

IMF Fiscal Monitor -- Fiscal Adjustment in an Uncertain World, April 2013

April 16, 2013


IMF Fiscal Monitor -- Taking Stock: A Progress Report on Fiscal Adjustment, October 2012

October 09, 2012

IMF Fiscal Monitor Update: Nurturing Credibility While Managing Risks to Growth, July 2012

July 16, 2012

IMF Fiscal Monitor -- Balancing Fiscal Policy Risks, April 2012

April 17, 2012

IMF Fiscal Monitor Update: As Downside Risks Rise, Fiscal Policy Has To Walk a Narrow Path, January 2012

January 23, 2012


IMF Fiscal Monitor -- Addressing Fiscal Challenges to Reduce Economic Risks, September 2011

September 20, 2011

Staying the Course on Fiscal Adjustment: Fiscal Monitor Update -- June 2011

June 17, 2011

IMF Fiscal Monitor -- Shifting Gears: Tackling Challenges on the Road to Fiscal Adjustment, April 2011

April 12, 2011

Strengthening Fiscal Credibility: Fiscal Monitor Update -- January 2011

January 27, 2011


IMF Fiscal Monitor -- Fiscal Exit: From Strategy to Implementation; November 2010 -- Contents

November 04, 2010

Navigating the Fiscal Challenges Ahead; IMF Fiscal Monitor; May 14, 2010.

May 14, 2010
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The State of Public Finances Cross-Country Fiscal Monitor: November 2009; Prepared by the Staff of the Fiscal Affairs Department; November 3, 2009.

November 03, 2009

The State of Public Finances: A Cross-Country Fiscal Monitor; by Mark Horton, Manmohan Kumar, and Paolo Mauro; July 30, 2009.

July 30, 2009