Description

This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastructure projects, PPPs, and pension funds. In addition, weaknesses in the institutional framework are reviewed. This analysis highlights some of the largest risks and begins to give a sense of the potential magnitudes involved.

More publications in this series: Departmental Papers / Policy Papers

More publications by: Paolo Mauro ; Herve Joly ; Ari Aisen ; Emre Alper ; Francois Boutin-Dufresne ; Jemma Dridi ; Nikoloz Gigineishvili ; Tom Josephs ; Clara Mira ; Vimal V Thakoor ; Alun H Thomas ; Fan Yang