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www.plan.be
www.plan.be

... DG ECFIN ...
ppt presentation
ppt presentation

...  They have to communicate to the General Accounting Office, on a monthly basis, reports including data on expenditures, revenue, financing and liabilities, on a cash basis.  The General Accounting Office is required to submit to Parliament and make available to the press consolidated reports at a ...
JohnMcHale
JohnMcHale

... – Fiscal rules – Fiscal agencies • Fiscal authorities (delegation of authority) • Fiscal councils (advice/assessment) ...
2017-04-23-fiscal-assessment-of-the-2017-ndp
2017-04-23-fiscal-assessment-of-the-2017-ndp

... rates for four years; and finally, a promise of a one year freeze of the ICBC rate. Notwithstanding their obvious political importance, the NDP platform does not provide cost estimates for these three critical political commitments, although their financial cost are critical to assessing the fiscal ...
GOOD GOVERNANCE IN NEW ZEALAND: TRANSPARENCY AND
GOOD GOVERNANCE IN NEW ZEALAND: TRANSPARENCY AND

... Or where the model has not delivered to the public’s satisfaction — eg health. ...
PowerPoint - Ford School of Public Policy
PowerPoint - Ford School of Public Policy

... the Three Major Policies” • This is to allow local government authority to make its own decisions. • The decentralization process means that the governance of central government on local governments would weaken. • However, the speed of fiscal decentralization has not been high so far. • The actual ...
Fiscal Space for Infrastructure Borrowing in South
Fiscal Space for Infrastructure Borrowing in South

... What key issues need to be kept in mind when evaluating proposed borrowing/investments? Is there ‘fiscal space’? The analysis is indicative, does not address the quality of individual projects, and must be supplemented by more detailed analysis by each Government,… …but strongly suggests a need to c ...
Top margin 1
Top margin 1

... confidence, the 2009 Report on public finances shows. "Past experiences teach useful lessons of how fiscal costs of banking crises can be contained and which factors can facilitate bringing the fiscal houses back in order. The effectiveness of the fiscal policy stimulus in the short run crucially de ...
Hungary`s Fiscal Policy Council
Hungary`s Fiscal Policy Council

... the euro area have begun establishing independent fiscal policy institutions in order to monitor and coordinate economic policies conducted at the national level. A fundamental requirement for an institution of this kind is that its independence is maintained and respected. In some EU member states, ...
DOC - World bank documents
DOC - World bank documents

... absence of any adjustment, the fiscal deficit is expected to reach nearly 33 percent of GDP in 2009. A crisis-induced drop in government revenues from the tourism sector (down 25 percent year-overyear) exposed a legacy of post-Tsunami fiscal mismanagement. With external financing sources limited by ...
Francesco Giavazzi 22 July 2010, VOX.EU
Francesco Giavazzi 22 July 2010, VOX.EU

... A mountain climbing analogy seem apt given that the upcoming Kansas City Fed’s Jackson Hole conference is focusing on fiscal policy. It also helps us understand what the stance of fiscal policy should be at this point in the crisis. It suggests that governments should commit to future spending cuts ...
From China`s fiscal architecture to the outlook for reform under Xi
From China`s fiscal architecture to the outlook for reform under Xi

... • The broken intergovermental fiscal system and the use of back door practices were the systemic roots that gave rise to a soft budget constraint for local governments • They in turn gave rise to the current problems of declining capital efficiency, a mountain of local government debt, and widesprea ...
Fiscal Policy Lessons for Alberta`s New
Fiscal Policy Lessons for Alberta`s New

... a new government’s approach to policy simply by observing its political label. In fact, political branding is a poor predictor of how successful it will be in managing government finances. ...
Presentation – Assessing affordability and impact on fiscal space
Presentation – Assessing affordability and impact on fiscal space

... • Fiscal space is the budgetary capacity of a government to provide resources, without jeopardizing the sustainability of its financial position or the stability of the economy • If budgetary capacity is not sufficient, additional fiscal space may be created by raising income taxes, value added taxe ...
Fiscal Responsibility and Debt Limitation Law
Fiscal Responsibility and Debt Limitation Law

... the implementation of such a law generally led to decline in inflation and interest rates, mitigated the crowding out of private investment and reduced external imbalances. A study on the United States concluded that exhibits that actual budget balance results rules are correlated with lower fiscal ...
Fiscal Institutions in Mexico: What Reforms are Pending?
Fiscal Institutions in Mexico: What Reforms are Pending?

... Currently, the Executive has to send the budget proposal to Congress by November 15th and December 15th on the first year of an incoming administration. ...
Impacts of high and volatile oil prices and policy choices
Impacts of high and volatile oil prices and policy choices

... • Reduced consumption of fuels and changes energy composition (traditional and commercial) • Costlier heating & cooking worsen the poor’s standard of living • Adversely affect women and children • Higher household expenditure on fuels reduce purchasing power and health & education spending ...
Should Advanced Countries Adopt Fiscal Responsibility Laws?
Should Advanced Countries Adopt Fiscal Responsibility Laws?

... Or low-income countries, by donors? • The scope of a FRL has been defined by four minimal provisions (especially the transparency of, and accountability for, medium-term fiscal strategies). Should some of the “optional” provisions be obligatory (e.g., comprehensiveness, institutions)? • Do you agree ...
Medium-Term Expenditure Planning
Medium-Term Expenditure Planning

... Firm Expenditure Ceilings for Line Ministries ...
Causes, Benefits, and Risks of Business Tax Incentives
Causes, Benefits, and Risks of Business Tax Incentives

... (contain three year rolling targets) - Fiscal policy strategy statement - Macro-economic framework statement - Quarterly reports on fiscal development to Parliament ...
d2-am_-_session_7_-_johann_seiwald_imf_eng
d2-am_-_session_7_-_johann_seiwald_imf_eng

... 1. Comprehensive consultation of code and piloting the new framework 2. Emphasize the quality and reliability of published information rather than clarity of reporting procedures 3. Update the principles and practices to reflect the lessons of the recent crisis 4. Align the principles and practices ...
25. Fiscal balance
25. Fiscal balance

... segment of the population disproportionately and hence there should be more reliance on direct taxation. In 2012, government expenditure in the region stood at around 21.5% of GDP. However, this aggregate figure does not indicate where this has been spent or what the priority areas are. ...
Information Note on Fiscal Space 2017
Information Note on Fiscal Space 2017

... terms – there is no automatic indexation of public expenditure to inflation over the period 2017-2021, as there has been no Government decision to this effect.  The difference between the Department’s figures and those of the IFAC reflects the fact that their estimates assume that various forms of ...
Chile`s Advisory Fiscal Council
Chile`s Advisory Fiscal Council

... a) Participates as observer in Trend GDP and Reference Copper Price Commitess called upon by the MoF b) Takes a position about the estimation of the cyclical adjustment to government revenue and balance preparaed by the Budget Office c) Presents its position and makes observations on prospective cha ...
BU204 - Macroeconomics
BU204 - Macroeconomics

... • Increase taxes • Reduce transfers ...
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