This paper integrates into the Fiscal Transparency Code (FTC) a new fourth pillar (Pillar IV) on natural resource revenue management. This completes the pending update to the IMF's FTC, as set out by staff in 2014 (see IMF 2014a)

Interest in social spending issues has intensified over the last decade. This reflects concerns about rising inequality and the need to support vulnerable groups, especially in the aftermath of the global financial crisis. In line with this, the Fund has also increased its engagement on social...

This paper proposes the adoption of a framework that would supplement the 1997 Fund's Guidance Note on the Role of the Fund in Governance Issues, adopted by the Executive Board (the '1997 Governance Policy'). While the 1997 Governance Policy remains an appropriate basis for the Fund's work in...

Public Investment Management Assessments (PIMAs) are the IMF's key tool for assessing infrastructure governance over the full investment cycle and supporting economic institution building in this area. The PIMA framework was first introduced in the 2015 Board Paper on 'Making Public Investment...

This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options

Interest in social spending issues has intensified over the last decade. This reflects concerns about rising inequality and the need to support vulnerable groups, especially in the aftermath of the global financial crisis. In line with this, the Fund has also increased its engagement on social...

La question des depenses sociales connait un vif regain d'interet depuis une dizaine d'annees. La montee des inegalites et le necessaire soutien des populations vulnerables focalisent de plus en plus d'attention, surtout depuis la crise financiere mondiale. Parallelement, le FMI a multiplie ses...

The policy paper Corporate Taxation in the Global Economy stresses the need to maintain and build on the progress in international cooperation on tax matters that has been achieved in recent years, and in some respects now appears under stress. With special attention to the circumstances of...