Turkey: Fiscal Transparency Evaluation

July 18, 2017

Preview Citation

Format: Chicago

Turkey: Fiscal Transparency Evaluation, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This paper discusses findings of the evaluation of fiscal transparency in Turkey. As a result of several reforms, Turkey has made significant progress against the 36 principles of the IMF’s new Fiscal Transparency Code. Of the 36 principles in the Code, Turkey now meets 10 principles at the basic level, 13 principles at the good level, and 6 principles at the advanced level. Fiscal transparency practices are strongest in the area of fiscal reporting. Moreover, in 5 of the areas where Turkey’s transparency practices do not currently meet basic practice, this could be readily addressed by publishing data that are already collected for internal management purposes.

Subject: Budget planning and preparation, Expenditure, Financial statements, Fiscal reporting, Fiscal risks, Macroeconomic and fiscal forecasts, Public financial management (PFM), Public sector

Keywords: Annual budget, Appropriation authority, Balance sheet, Budget planning and preparation, Budget proposal, Central government, Contingency reserve, CR, Europe, Final accounts, Financial statements, Fiscal risks, General government debt, Global, Government data, Government forecast, Government report, Government transfer, Income statement, ISCR, Local government, Macroeconomic and fiscal forecasts, Property holding, Service fee

Publication Details

Pages:

79
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/208
Stock No:

1TUREA2017007
ISBN:

9781484309377
ISSN:

1934-7685

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