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Reflections on Quantitative Fiscal Conditionality in African PRGF-Supported Programs

We survey quantitative fiscal conditionality in selected sub-Saharan African PRGFsupported programs, and assess the conditionality against some possible benchmarks and best practices. While noting many caveats, the paper suggests some possible scope for further attuning of this conditionality to cou...

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Bibliographic Details
Main Author: Zakharova, Daria
Other Authors: Fedelino, Annalisa
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:IMF Working Papers
Subjects:
International Lending And Debt Problems
Deflation
Public Finance & Taxation
Fiscal Stance
Prices
Fiscal Policy
Price Level
Fiscal Conditionality
Debts, External
Debts, Public
Inflation
Debt Management
External Debt
Exports And Imports
Sovereign Debt
International Economics
Debt
Macroeconomics
Public Debt
Public Finance
Sierra Leone
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:We survey quantitative fiscal conditionality in selected sub-Saharan African PRGFsupported programs, and assess the conditionality against some possible benchmarks and best practices. While noting many caveats, the paper suggests some possible scope for further attuning of this conditionality to countries' specific macro-fiscal situations. The paper also offers some suggestions on how quantitative fiscal conditionality might be further enhanced
Physical Description:27 pages
ISBN:9781451863789

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