This paper assesses Peru's fiscal transparency practices in comparison with the IMF's Fiscal Transparency Code, including the new draft pillar on resource revenue management. Peru's practices meet most of the principles of the IMF's Fiscal Transparency Code at good or advanced level. The country...

Although there are several measures of fiscal transparency, none provides satisfactory information on certain issues of macroeconomic relevance, including whether fiscal data are available for all of general government, whether the government reports a balance sheet, and whether spending and...

Although there are several measures of fiscal transparency, none provides satisfactory information on certain issues of macroeconomic relevance, including whether fiscal data are available for all of general government, whether the government reports a balance sheet, and whether spending and...

The entitlement of tax treaty benefits is one of the most sensitive things for countries around the globe. The reason for it being sensitive is to ensure that benefits are granted only to persons who are genuinely entitled to them, and also to avoid any kind of tax abuse. The first step in...

The movement toward open government and fiscal transparency is a worldwide effort that promises the possibility of better and stronger democracy. Transparency is also presumed to help combat corruption and waste. Greater transparency in government thus has been an important goal of many...

This paper provides an update on staff's work on a new Fiscal Transparency Code (FTC) and experiences with the initial pilot Fiscal Transparency Evaluations (FTE), the ground work for which was laid in a 2012 paper 'Fiscal Transparency, Accountability, and Risk.' Both are part of ongoing efforts...