Reflections on Quantitative Fiscal Conditionality in African PRGF-Supported Programs
AbstractWe survey quantitative fiscal conditionality in selected sub-Saharan African PRGFsupported programs, and assess the conditionality against some possible benchmarks and best practices. While noting many caveats, the paper suggests some possible scope for further attuning of this conditionality to countries' specific macro-fiscal situations. The paper also offers some suggestions on how quantitative fiscal conditionality might be further enhanced.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 06/118.
Date of creation: 01 May 2006
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Postal: International Monetary Fund, Washington, DC USA
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This paper has been announced in the following NEP Reports:
- NEP-AFR-2006-08-05 (Africa)
- NEP-ALL-2006-08-05 (All new papers)
- NEP-DEV-2006-08-05 (Development)
- NEP-MAC-2006-08-05 (Macroeconomics)
- NEP-PBE-2006-08-05 (Public Economics)
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- Ezequiel Cabezon & Tej Prakash, 2008. "Public Financial Management and Fiscal Outcomes in sub-Saharan African Heavily-Indebted Poor Countries," IMF Working Papers 08/217, International Monetary Fund.
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