Description

We survey quantitative fiscal conditionality in selected sub-Saharan African PRGFsupported programs, and assess the conditionality against some possible benchmarks and best practices. While noting many caveats, the paper suggests some possible scope for further attuning of this conditionality to countries' specific macro-fiscal situations. The paper also offers some suggestions on how quantitative fiscal conditionality might be further enhanced.

Taxonomy

Economic development , Economic policy , Fiscal policy , IMF governance and operations , Investment , Operations , Performance Criteria , Stand-by Arrangements

More publications in this series: Working Papers

More publications by: Daria Zakharova ; Annalisa Fedelino