|
|
|
|
| LEADER |
02094nmm a2200409 u 4500 |
| 001 |
EB002154313 |
| 003 |
EBX01000000000000001292439 |
| 005 |
00000000000000.0 |
| 007 |
cr||||||||||||||||||||| |
| 008 |
230404 ||| eng |
| 020 |
|
|
|a 9798400226014
|
| 100 |
1 |
|
|a Mu, Yibin
|
| 245 |
0 |
0 |
|a Evaluating Fiscal Rules for Lesotho
|b Kingdom of Lesotho
|c Yibin Mu
|
| 260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 2022
|
| 300 |
|
|
|a 23 pages
|
| 651 |
|
4 |
|a Lesotho, Kingdom of
|
| 653 |
|
|
|a Budget Systems
|
| 653 |
|
|
|a Monetary economics
|
| 653 |
|
|
|a Policy Designs and Consistency
|
| 653 |
|
|
|a International agencies
|
| 653 |
|
|
|a International organization
|
| 653 |
|
|
|a Policy Objectives
|
| 653 |
|
|
|a Policy Coordination
|
| 653 |
|
|
|a International institutions
|
| 653 |
|
|
|a International Economics
|
| 653 |
|
|
|a Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
|
| 653 |
|
|
|a Monetary policy
|
| 653 |
|
|
|a National Budget
|
| 653 |
|
|
|a Money and Monetary Policy
|
| 653 |
|
|
|a Fiscal and Monetary Policy in Development
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
| 989 |
|
|
|b IMF
|a International Monetary Fund
|
| 490 |
0 |
|
|a Selected Issues Papers
|
| 028 |
5 |
0 |
|a 10.5089/9798400226014.018
|
| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/018/2022/001/018.2022.issue-001-en.xml?cid=526717-com-dsp-marc
|x Verlag
|3 Volltext
|
| 082 |
0 |
|
|a 330
|
| 520 |
|
|
|a A key challenge for Lesotho is the downward rigidity in public expenditure—which increases when SACU transfers are buoyant but fails to be pared back when they fall. Fiscal rules would be of value in Lesotho to help provide constraints on spending and resist political pressure to overspend, while embedding fiscal responsibility within the country’s macro-fiscal framework and ensuring debt sustainability. This paper evaluates options for fiscal rules for Lesotho, discusses the institutional framework required to help underpin a sound fiscal-rule framework, posits a possible fiscal-rule framework for Lesotho, and offers a roadmap to introduce the framework
|