Brazil Technical Assistance Report-Strengthening Fiscal Responsibility at the Subnational Level

The fiscal challenges of Brazil’s states and municipalities can have a significant impact on the economy and the provision of core public services. The subnational governments (SNGs) account for a large share of public expenditures, including public investment. As such, their fiscal problems can ham...

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Bibliographic Details
Corporate Author: International Monetary Fund Fiscal Affairs Dept
Format: eBook
Language:Portuguese
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Brazil 
653 |a Revenue administration 
653 |a Public Administration 
653 |a Financial administration & public finance law 
653 |a Fiscal rules 
653 |a Public finance & taxation 
653 |a Finance, Public; Law and legislation 
653 |a Fiscal Policy 
653 |a Exports and Imports 
653 |a Fiscal policy 
653 |a Arrears 
653 |a International economics 
653 |a International Lending and Debt Problems 
653 |a Debts, External 
653 |a National Government Expenditures and Related Policies: General 
653 |a Expenditure 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Public Sector Accounting and Audits 
653 |a Expenditures, Public 
653 |a Macroeconomics 
653 |a PFM legal and regulatory frameworks 
653 |a Public Finance 
653 |a Revenue 
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520 |a The fiscal challenges of Brazil’s states and municipalities can have a significant impact on the economy and the provision of core public services. The subnational governments (SNGs) account for a large share of public expenditures, including public investment. As such, their fiscal problems can hamper the economic recovery and the public finances of the federal government. In recent years, many states and municipalities have been struggling with high debt or severe liquidity pressures. Some have already defaulted on part of their debt and are running payment arrears (wages and suppliers). The federal government has already provided a substantial package of financial support through debt service relief