04808oam 22011294 450 991082687650332120240410162444.01-4623-6997-91-4527-7233-91-283-51559-81-4519-0983-79786613828040(CKB)3360000000443732(EBL)3014379(SSID)ssj0000942107(PQKBManifestationID)11514432(PQKBTitleCode)TC0000942107(PQKBWorkID)10964509(PQKB)11583457(OCoLC)712989258(IMF)WPIEE2006270(MiAaPQ)EBC3014379(EXLCZ)99336000000044373220020129d2006 uf 0engur|n|---|||||txtccrMaking Fiscal Space Happen : Managing Fiscal Policy in a World of Scaled-Up Aid /Xavier Debrun, Peter Heller, Theo Thomas, Menachem Katz, Isabell Adenauer, Taline Koranchelian1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (55 p.)IMF Working Papers"December 2006."1-4518-6530-9 ""Contents""; ""ACRONYMS""; ""I. INTRODUCTION""; ""II. SETTING THE APPROPRIATE FISCAL POLICY FRAMEWORK""; ""III. ENHANCING THE MANAGEMENT OF FISCAL RISK""; ""IV. INSTITUTIONAL APPROACHES TO FACILITATE FISCAL MANAGEMENT WITH SCALED-UP AID FLOWS""; ""V. CONCLUSIONS""; ""REFERENCES""Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programs to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a sustainable delivery of better public services and infrastructure while maintaining a credible commitment to fiscal prudence confronts many challenges. This paper discusses what low-income countries can do to shape fiscal policy frameworks that are ambitious in trying to absorb additional aid while still ensuring longer-term sustainability for government expenditure programs and finances. It suggests what approaches can be used to manage the greater fiscal policy risks associated with a scaled-up aid environment, including coordination with monetary policy. The paper also discusses what institutional changes are needed if donors and countries are to facilitate the implementation of a higher level of aid-financed spending programs.IMF Working Papers; Working Paper ;No. 2006/270Fiscal policyFinance, PublicBudgetingimfExports and ImportsimfPublic FinanceimfNational Government Expenditures and Related Policies: GeneralimfNational BudgetimfBudget SystemsimfFiscal PolicyimfForeign AidimfPublic finance & taxationimfBudgeting & financial managementimfMacroeconomicsimfInternational economicsimfExpenditureimfBudget planning and preparationimfFiscal policyimfPublic financial management (PFM)imfAid flowsimfExpenditures, PublicimfBudgetimfFinance, PublicimfEconomic assistanceimfTanzania, United Republic ofimfFiscal policy.Finance, Public.BudgetingExports and ImportsPublic FinanceNational Government Expenditures and Related Policies: GeneralNational BudgetBudget SystemsFiscal PolicyForeign AidPublic finance & taxationBudgeting & financial managementMacroeconomicsInternational economicsExpenditureBudget planning and preparationFiscal policyPublic financial management (PFM)Aid flowsExpenditures, PublicBudgetFinance, PublicEconomic assistanceDebrun Xavier1619196Heller Peter153472Thomas Theo1697140Katz Menachem1697141Adenauer Isabell1697142Koranchelian Taline1673835DcWaIMFBOOK9910826876503321Making Fiscal Space Happen4077614UNINA