03938oam 22009974 450 991015501240332120230913112557.01-4755-5355-21-4755-5358-7(CKB)3710000000973041(BIP)077143534(BIP)077138997(IMF)1GBREA2016018(EXLCZ)99371000000097304120020129d2016 uf 0engtxtrdacontentcrdamediacrrdacarrierUnited Kingdom : Fiscal Transparency EvaluationWashington, D.C. :International Monetary Fund,2016.1 online resource (88 p.) IMF Staff Country Reports1-4755-5345-5 This report assesses fiscal transparency practices in the United Kingdom in relation to the requirements of the IMF’s new Fiscal Transparency Code (FTC). Across all pillars evaluated in the code, the United Kingdom scores very highly when compared with other countries that have undergone an assessment. Of the 48 principles in the FTC, the United Kingdom meets 9 principles at the basic level, 10 principles at the good level, and 23 principles at the advanced level. Fiscal transparency practices are strongest in the area of fiscal reporting and resource revenue management. In four principles, the United Kingdom’s transparency practices do not currently meet basic practice.IMF Staff Country Reports; Country Report ;No. 2016/351AccountingimfBudgetingimfMacroeconomicsimfPublic FinanceimfNational BudgetimfBudget SystemsimfPublic EnterprisesimfPublic-Private EnterprisesimfNational Government Expenditures and Related Policies: GeneralimfPublic AdministrationimfPublic Sector Accounting and AuditsimfTaxation, Subsidies, and Revenue: GeneralimfPublic finance & taxationimfBudgeting & financial managementimfCivil service & public sectorimfFinancial reporting, financial statementsimfBudget planning and preparationimfPublic sectorimfExpenditureimfFinancial statementsimfRevenue administrationimfPublic financial management (PFM)imfEconomic sectorsimfBudgetimfFinance, PublicimfExpenditures, PublicimfRevenueimfUnited KingdomimfAccountingBudgetingMacroeconomicsPublic FinanceNational BudgetBudget SystemsPublic EnterprisesPublic-Private EnterprisesNational Government Expenditures and Related Policies: GeneralPublic AdministrationPublic Sector Accounting and AuditsTaxation, Subsidies, and Revenue: GeneralPublic finance & taxationBudgeting & financial managementCivil service & public sectorFinancial reporting, financial statementsBudget planning and preparationPublic sectorExpenditureFinancial statementsRevenue administrationPublic financial management (PFM)Economic sectorsBudgetFinance, PublicExpenditures, PublicRevenueDcWaIMFBOOK9910155012403321United Kingdom2670239UNINA