Brazil : Technical Assistance Report-Strengthening Fiscal Responsibility at the Subnational Level.

The fiscal challenges of Brazil's states and municipalities can have a significant impact on the economy and the provision of core public services. The subnational governments (SNGs) account for a large share of public expenditures, including public investment. As such, their fiscal problems ca...

Descripción completa

Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. Fiscal Affairs Dept
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2020.
Colección:IMF Staff Country Reports; Country Report ; No. 2020/227
Acceso en línea:Full text available on IMF
Descripción
Sumario:The fiscal challenges of Brazil's states and municipalities can have a significant impact on the economy and the provision of core public services. The subnational governments (SNGs) account for a large share of public expenditures, including public investment. As such, their fiscal problems can hamper the economic recovery and the public finances of the federal government. In recent years, many states and municipalities have been struggling with high debt or severe liquidity pressures. Some have already defaulted on part of their debt and are running payment arrears (wages and suppliers). The federal government has already provided a substantial package of financial support through debt service relief.
Notas:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Descripción Física:1 online resource (46 pages)
Formato:Mode of access: Internet
ISSN:1934-76851
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students