Fiscal Adjustment for Stability and Growth
Author | : International Monetary Fund. Fiscal Affairs Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 64 |
Release | : 2006-01-27 |
ISBN-10 | : 9781498333016 |
ISBN-13 | : 149833301X |
Rating | : 4/5 (16 Downloads) |
Download or read book Fiscal Adjustment for Stability and Growth written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2006-01-27 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper aims to inform policymakers, and other interested parties, about the IMF’s approach to fiscal adjustment. The approach focuses on the role of sound and sustainable government finances in promoting macroeconomic stability and growth. Achieving, and maintaining, such a fiscal position often requires adjusting fiscal policy, as well as strengthening fiscal institutions. Fiscal adjustment may involve either tightening or loosening the fiscal stance, depending on individual country circumstances.