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Maldives: Technical Assistance Report-Revising the Fiscal Responsibility Act

The Fiscal Responsibility Act (FRA) came into effect in 2013 to reduce rising public debt and achieve fiscal stability. Maldives has experienced rapid public debt accumulation over the past decade. The FRA establishes objectives for maintaining debt at a sustainable level and reducing the overall fi...

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Bibliographic Details
Corporate Author: International Monetary Fund Fiscal Affairs Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2022
Series:IMF Staff Country Reports
Subjects:
Finance, Public
Public Administration
Public Debt
Budget Systems
Public Finance & Taxation
Debts, Public
Fiscal Policy
Fiscal Risks
Budgeting
International Organization
National Government Expenditures And Related Policies: General
International Institutions
Accounting
Public Sector Accounting And Audits
Budget
International Economics
Macroeconomics
Public Financial Management (pfm)
Financial Reporting, Financial Statements
National Budget
International Agreements And Observance
International Organizations
Monetary Economics
International Agencies
Debt Management
Debt
Budget Planning And Preparation
Sovereign Debt
Fiscal Reporting
Finance, Public; Accounting
Monetary Policy
Budgeting & Financial Management
Public Finance
Money And Monetary Policy
Maldives
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The Fiscal Responsibility Act (FRA) came into effect in 2013 to reduce rising public debt and achieve fiscal stability. Maldives has experienced rapid public debt accumulation over the past decade. The FRA establishes objectives for maintaining debt at a sustainable level and reducing the overall fiscal balance. The Act also sets minimum standards for fiscal transparency and accountability and requires the Government to prepare and publish medium-term fiscal and debt strategy reports
Physical Description:99 pages
ISBN:9781616359713

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