IMF Staff Country Reports

Malawi: Report on the Observance of Standards and Codes-Fiscal Transparency Module

Publication Date:

August 16, 2002

Electronic Access:

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Summary:

This paper presents report on the Observance of Standards and Codes—Fiscal Transparency Module for Malawi. A number of improvements have been made to budget management in Malawi in recent years that are increasing the level of fiscal transparency. Notable examples include the development of a sophisticated budget classification system and the introduction of the Medium-Term Expenditure Framework (MTEF) budgeting process. However, the developments have not been applied consistently across the different areas of fiscal management, and there has been insufficient attention to data quality.

Series:

Country Report No. 2002/177

Subject:

Budget planning and preparation Contingent liabilities Economic sectors Expenditure Fiscal accounting and reporting Fiscal transparency Public enterprises Public financial management (PFM)