Republic of Poland : Technical Assistance Report-Developing a Medium-Term Budget Framework.

This Technical Assistance Report discusses the progress made toward developing a medium-term budget framework (MTBF) in Poland. Many of the prerequisites for establishing an MTBF have already been satisfied in Poland. The annual budget has a high degree of credibility; macroeconomic projections are...

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Podrobná bibliografie
Korporativní autor: International Monetary Fund. Fiscal Affairs Dept
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2017.
Edice:IMF Staff Country Reports; Country Report ; No. 2017/170
On-line přístup:Full text available on IMF
Popis
Shrnutí:This Technical Assistance Report discusses the progress made toward developing a medium-term budget framework (MTBF) in Poland. Many of the prerequisites for establishing an MTBF have already been satisfied in Poland. The annual budget has a high degree of credibility; macroeconomic projections are generally accurate; and fiscal rules on debt, expenditure, and the deficit provide sufficient guidance to fiscal policy in the medium term. However, some weaknesses remain that should be addressed either in parallel or as part of the MTBF reform. The design of the MTBF should be carefully considered to meet the government's fiscal objectives while operating within current capabilities.
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Fyzický popis:1 online resource (63 pages)
Médium:Mode of access: Internet
ISSN:1934-7685
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students