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Reflections on Quantitative Fiscal Conditionality in African PRGF-Supported Programs

Author

Listed:
  • Ms. Daria V Zakharova
  • Ms. Annalisa Fedelino

Abstract

We 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.

Suggested Citation

  • Ms. Daria V Zakharova & Ms. Annalisa Fedelino, 2006. "Reflections on Quantitative Fiscal Conditionality in African PRGF-Supported Programs," IMF Working Papers 2006/118, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2006/118
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=19113
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    Cited by:

    1. Ezequiel Cabezon & Mr. Tej Prakash, 2008. "Public Financial Management and Fiscal Outcomes in Sub-Saharan African Heavily-Indebted Poor Countries," IMF Working Papers 2008/217, International Monetary Fund.

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