This article discusses the mission to strengthen the financial system of the Republic of Togo. The European Union Delegation and the Fiscal Affairs Department of the IMF signed a technical agreement with the Togolese government. According to the project, a communication program and a training...

This paper assesses the relative strengths and weaknesses of fiscal institutions in ten Southeastern European countries, using recent benchmarking methodologies developed by FAD. The assessment evaluates each country’s understanding of the scale of the fiscal adjustment challenge, its...

The paper provides an assessment of poverty and inequality on the basis of the data gathered from the most recent surveys. The vision of state and nonstate actors as well as the challenges to be met by 2015 was outlined; the paper also summarizes the major areas of work decided upon by the...

In Kenya, the general government is not defined consistently with government finance statistics (GFS) principles. Relationships between the central government and public nonfinancial and financial corporations are generally clearly defined. Government holdings of fully owned corporations and...

This report provides an assessment of fiscal transparency practices in Greece in relation to the requirements of the IMF Code of Good Practices on Fiscal Transparency. The assessment reveals that Greece has made progress, in recent years, in meeting the requirements of the fiscal transparency...

This report focuses on Observance of Standards and Codes on Fiscal Transparency for Turkey. Turkey has continued to make progress toward meeting the requirements of the fiscal transparency code, in particular through a substantial overhaul of the legal system. The adoption of the Public...

Gabon partially complies with the principles of the Code of Good Practices on Fiscal Transparency and the Guide on Resource Revenue Transparency. Much remains to be done to ensure that government finances are managed transparently, in conformity with international best practices. Knowledge and...

This report evaluates Morocco’s fiscal transparency practices and assesses compliance with the IMF’s Code of Good Practices on Fiscal Transparency. Morocco’s fiscal management system, which remains highly centralized, is essentially reliable and supported by legal...

Algeria’s report on the Observance of Standards and Codes reviews the Fiscal Transparency Module. The Bank of Algeria (BA) does not apply multicurrency practices and does not require import deposits and there are, therefore, no quasi-fiscal activities in exchange regime-related...

The public sector in Peru is clearly distinguished from the rest of the economy, but the existence of various legal and statistical definitions of the government makes it difficult to demarcate it clearly from the rest of the public sector. The recent constitutional reform has strengthened the...