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Manual on Fiscal Transparency (Paperback, Revised)
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Manual on Fiscal Transparency (Paperback, Revised)
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The Manual on Fiscal Transparency provides an authoritative account
and explanation of the revised IMF Code of Good Practices on Fiscal
Transparency ('the Code'). It expands and updates the 2001 edition
of the Manual, which has been used by countries undertaking
assessments of the transparency of their fiscal management
practices (including so-called 'fiscal ROSCs'), legislatures, civil
society organizations, economists, and financial analysts. Numerous
new examples of implementation of the Code by countries in all
regions of the world and at different levels of development are
included.The Manual, which reflects a public comment process, is
also supplemented by the revised ""Guide on Resource Revenue
Transparency"". It identifies numerous benefits from fiscal
transparency, including providing citizens with information to hold
governments accountable for their policy choices, informing and
improving the quality of economic policy decisions, highlighting
potential risks to the fiscal outlook, and easing a country's
access to international capital markets.
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