South Africa Fiscal Transparency Evaluation

South Africa has many elements of sound fiscal transparency practices. Based on an assessment of fiscal transparency practices against the IMF’s Fiscal Transparency Code, South Africa’s practices are strongest in fiscal reporting, followed by fiscal forecasting and budgeting, and weakest in fiscal r...

Full description

Bibliographic Details
Main Author: Renteria Rodriguez, Carolina
Other Authors: Chiinze, Trish, De Clerck, Sage, Khatun, Foyzunnesa
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2024
Series:High-Level Summary Technical Assistance Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:South Africa has many elements of sound fiscal transparency practices. Based on an assessment of fiscal transparency practices against the IMF’s Fiscal Transparency Code, South Africa’s practices are strongest in fiscal reporting, followed by fiscal forecasting and budgeting, and weakest in fiscal risk analysis. South Africa’s Balance Sheet public sector net worth – including assumptions for the values of non-reported assets – is estimated to be 100 percent of GDP. There is room to improve South Africa’s fiscal reporting, budget transparency, and management of fiscal risks
Physical Description:3 pages
ISBN:9798400274152