Navigating the Fiscal Challenges Ahead

May 13, 2010

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Format: Chicago

Navigating the Fiscal Challenges Ahead, (USA: International Monetary Fund, 2010) accessed December 23, 2024

Summary

With increasing fiscal challenges in the aftermath of the global financial crisis, multilateral surveillance of fiscal developments, a key part of the IMF's surveillance responsibilities, has gained further importance. In response, the Fiscal Monitor was launched in 2009 to survey and analyze the latest public finance developments, update fiscal implications of the crisis and medium-term fiscal projections, and assess policies to put public finances on a sustainable footing. Previous issues of the Monitor were published in the IMF's Staff Position Notes series, but starting with this issue, the Monitor will be a part of the IMF's World Economic and Financial Surveys series, to complement the overviews presented in the World Economic Outlook (WEO) and the Global Financial Stability Report (GFSR). The Fiscal Monitor is prepared twice a year by the IMF's Fiscal Affairs Department. The Monitor's projections are based on the same database used for the April 2010 WEO and GFSR. The fiscal projections for individual countries have been prepared by IMF desk economists, and, in line with the WEO guidelines, assume that announced policies will be implemented.

Subject: Expenditure, Financial sector, Fiscal consolidation, Fiscal stance, Public debt

Keywords: Debt, Debt ratio, Economy, Emerging economy, FM, Reform

Publication Details

Pages:

90
Volume:

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DOI:

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Issue:

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Series:

Fiscal Monitor No. 2010/001
Stock No:

FMOEA2010001
ISBN:

9781455280490
ISSN:

2219-276X

Notes

From Stimulus to Consolidation: Revenue and Expenditure Policies in Advanced and Emerging Economies -- IMF Policy Paper; See Presentation by Mr. Carlo Cottarelli, Director of the IMF Fiscal Affairs Department; IMF Executive Board Discusses Revenue and Expenditure Policies for Fiscal Consolidation in the Wake of the Global Financial Crisis. View the Fiscal Monitor Database.

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