IMF Staff Country Reports

Ireland: Fiscal Transparency Assessment

Publication Date:

July 16, 2013

Electronic Access:

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Summary:

This paper discusses Ireland’s Fiscal Transparency Assessment. The Irish government has ambitious plans to improve further the timeliness, quality, and comprehensiveness of its budgets, statistics, and accounts. Ireland has the capacity and information to bring its fiscal transparency practices into line with international best practice standards within a reasonable time frame, and at relatively modest additional cost. The Irish administration already incurs many of the fixed and ongoing costs associated with modern accrual-based accounting, and risk-based fiscal management. Fiscal reporting in Ireland is characterized by a high degree of disclosure but also a high degree of fragmentation.

Series:

Country Report No. 2013/209

Subject:

Budget planning and preparation Expenditure Financial statements Fiscal risks Public debt Public financial management (PFM)