El Salvador: Report on the Observance of Standards and Codes—Fiscal Transparency Module
IMF Staff Country Reports, March 1, 2005
Source details
- Canonical URL
- El Salvador: Report on the Observance of Standards and Codes—Fiscal Transparency Module
Other formats
Bibliographic details
- Published: March 1, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451834734.002
Summary findings
- This Report on the Observance of Standards and Codes on Fiscal Transparency on El Salvador reviews the fiscal transparency module.
- El Salvador needs to make progress on a number of important aspects of the code on fiscal transparency.
- It is important to clarify the distribution of functions between levels of government, their roles in terms of expenditure and taxes, and to redefine the borrowing faculties of municipalities.
- The authorities could improve the transparency of the legal framework by introducing a legal requirement for all new regulations in the private sector.
Policy recommendations
- Clarify the distribution of functions between levels of government.
- Define roles of central and subnational governments in terms of expenditure and taxes.
- Redefine the borrowing faculties of municipalities.
- Introduce a legal requirement for all new regulations in the private sector to improve transparency of the legal framework.
Key descriptive details and classification
- Publication type: IMF Staff Country Reports.
- Date: March 1, 2005.
- Page count referenced in the source: 26.
- Subjects listed in the source: Budget execution and treasury management; Budget planning and preparation; Economic sectors; Expenditure; Fiscal accounting and reporting; Public financial management (PFM); Public sector.
- Keywords listed in the source: audit report; Budget execution and treasury management; Budget planning and preparation; CR; executive branch; final accounts; Fiscal accounting and reporting; government; government activity; government equity ownership; government sector; ISCR; public finance; Public sector; state obligation.
International Monetary Fund. "El Salvador: Report on the Observance of Standards and Codes—Fiscal Transparency Module", IMF Staff Country Reports 2005, 067 (2005).
Content in this bundle
- _cr0567 - Executive Summary