IMF Staff Country Reports

Brazil: Technical Assistance Report-Supporting Implementation of the Expenditure Rule Through Public Financial Management Reforms

October 4, 2017

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Brazil: Technical Assistance Report-Supporting Implementation of the Expenditure Rule Through Public Financial Management Reforms, (USA: International Monetary Fund, 2017) accessed November 14, 2024

Also available in: português

Summary

This Technical Assistance Report discusses the recommendations for supporting implementation of the expenditure rule through public financial management reforms in Brazil. To address rigidities in the budget and to create more fiscal space, authorities need to establish processes to build flexibility and improve efficiency. These include reviewing mandatory expenditures and indexation practices. Other options include a rolling program of spending reviews for large and fast-growing programs and efficiency dividends on ministries’ operational expenses. Authorities also need to begin to develop a medium-term budget framework to support strategic decision making.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal stance, Macroeconomic and fiscal forecasts, Public financial management (PFM)

Keywords: Annual budget, Australia and New Zealand, Budget planning and preparation, Budget process, CR, Expenditure aggregate, Expenditure baseline, Expenditure ceiling, Expenditure policy, Expenditure program, Expenditure rule, Expenditure rule target, Fiscal stance, Government policy, ISCR, Macroeconomic and fiscal forecasts, Policy priority, Rule ceiling, Tax expenditures review

Publication Details

  • Pages:

    61

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/292

  • Stock No:

    1BRAEA2017004

  • ISBN:

    9781484321218

  • ISSN:

    1934-7685

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