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Fiscal Policies

April 22, 2024

 | Fiscal Transparency

April 22, 2024
Fiscal transparency – the comprehensiveness, clarity, reliability, timeliness, and relevance of public reporting on the past, present, and future state of public finances – is critical for effective fiscal management and accountability. It helps ensure that governments have an accurate picture of their finances when making economic decisions, including of the costs and benefits of policy changes and potential risks to public finances. It also provides legislatures, markets, and citizens with the information they need to hold governments accountable. Greater fiscal transparency can also help strengthen the credibility of a country’s fiscal plans and can help underpin market confidence and market perceptions of fiscal solvency. The Fiscal Transparency Code and Evaluation are the key elements of the IMF’s ongoing efforts to strengthen fiscal surveillance, policymaking, and accountability among its member countries.

Côte d’Ivoire: Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d’Ivoire

April 22, 2024
Côte d’Ivoire is highly exposed to climate change through rising temperatures and sea levels as well as rain pattern changes. Economic vulnerabilities to climate change are mostly due to the country’s heavy reliance on agriculture, and the concentration of industrial and services activity in coastal areas. Agriculture employs about half of the workforce and contributes about 17 percent of GDP and 10 percent of tax revenues. At the same time, greenhouse gas emission and pollution in urban areas are growing, albeit from a low level.

Botswana: Technical Assistance Report-Report on the Price Statistics Mission

April 22, 2024
The primary objective of the mission was to continue assisting Statistics Botswana with developing the producer price index (PPI). The report provides an overview of ongoing work to expand PPI coverage to include manufacturing and agriculture. Additionally, ongoing work to expand consumer price index coverage to include owner-occupied housing using the rental equivalence approach is also addressed.

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