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An Overview Of The Potential Impact Of The Covid 19 Crisis On The Accumulation Of Government Expenditure Arrears


An Overview Of The Potential Impact Of The Covid 19 Crisis On The Accumulation Of Government Expenditure Arrears
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An Overview Of The Potential Impact Of The Covid 19 Crisis On The Accumulation Of Government Expenditure Arrears


An Overview Of The Potential Impact Of The Covid 19 Crisis On The Accumulation Of Government Expenditure Arrears
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Author : Robert Utz
language : en
Publisher:
Release Date : 2021

An Overview Of The Potential Impact Of The Covid 19 Crisis On The Accumulation Of Government Expenditure Arrears written by Robert Utz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.


The Coronavirus (COVID-19) pandemic introduced tremendous fiscal pressures for many countries, requiring additional spending to mitigate the health, economic, and social impacts of the pandemic while government revenues are falling. Governments are addressing these fiscal pressures through a range of measures, including additional borrowing and expenditure adjustments. In environments where fiscal space is tight and public expenditure management is weak, the accumulation of government expenditure arrears is likely. This note presents some early data on the impact of these fiscal pressures on government arrears in low income countries.



Government Expenditure Arrears Accumulation During The Covid 19 Period


Government Expenditure Arrears Accumulation During The Covid 19 Period
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Author : Eric Lacey
language : en
Publisher:
Release Date :

Government Expenditure Arrears Accumulation During The Covid 19 Period written by Eric Lacey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.


Economic shocks and crises typically lead to a sharp increase in government expenditure arrears with corrosive effects on the economy. In order to assess the evolution of government expenditure arrears during the Coronavirus (COVID-19) crisis, the World Bank collected information on public expenditure arrears in client countries in June 2020. The results of this initial data collection exercise are reported in an MTI Insight Note (An Overview of the Potential Impact of the Coronavirus (COVID-19) Crisis on the Accumulation of government Expenditure Arrears), which also discusses the definition of government expenditure arrears, measurement and reporting issues, the main drivers and economic consequences of arrears accumulation, and options for preventing and managing arrears accumulation. This note presents an update based on information available by February 2021.



Modeling Economic Growth In Contemporary Poland


Modeling Economic Growth In Contemporary Poland
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Author : Elżbieta Bukalska
language : en
Publisher: Emerald Group Publishing
Release Date : 2023-11-09

Modeling Economic Growth In Contemporary Poland written by Elżbieta Bukalska and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-09 with Business & Economics categories.


Trying to explain the sources of Poland’s economic success and decouple it from simple stylized facts on economic convergence anchored in the neoclassical growth models, the chapters show how the Polish economy rapidly moved away from the communist economic system, which had ended up in an economic collapse.



Improving Fiscal Transparency To Raise Government Efficiency And Reduce Corruption Vulnerabilities In Central Eastern And Southeastern Europe


Improving Fiscal Transparency To Raise Government Efficiency And Reduce Corruption Vulnerabilities In Central Eastern And Southeastern Europe
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Author : Mr.Bernardin Akitoby
language : en
Publisher: International Monetary Fund
Release Date : 2020-05-11

Improving Fiscal Transparency To Raise Government Efficiency And Reduce Corruption Vulnerabilities In Central Eastern And Southeastern Europe written by Mr.Bernardin Akitoby and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-11 with Business & Economics categories.


This departmental paper investigates how countries in Central, Eastern, and Southeastern Europe (CESEE) can improve fiscal transparency, thereby raising government efficiency and reducing corruption vulnerabilities.



Managing Systemic Banking Crises


Managing Systemic Banking Crises
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Author : Ms.Marina Moretti
language : en
Publisher: International Monetary Fund
Release Date : 2020-02-11

Managing Systemic Banking Crises written by Ms.Marina Moretti and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-11 with Business & Economics categories.


This paper updates the IMF’s work on general principles, strategies, and techniques from an operational perspective in preparing for and managing systemic banking crises in light of the experiences and challenges faced during and since the global financial crisis. It summarizes IMF advice concerning these areas from staff of the IMF Monetary and Capital Markets Department (MCM), drawing on Executive Board Papers, IMF staff publications, and country documents (including program documents and technical assistance reports). Unless stated otherwise, the guidance is generally applicable across the IMF membership.



Singapore 2021 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For Singapore


Singapore 2021 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For Singapore
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Author : International Monetary
language : en
Publisher: International Monetary Fund
Release Date : 2021-07-16

Singapore 2021 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For Singapore written by International Monetary and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-16 with Business & Economics categories.


Singapore entered the COVID-19 pandemic with sizable policy space and robust economic policy frameworks, yet facing longer-term challenges. The economy has been severely impacted by the pandemic, but a bold, comprehensive, and coordinated policy package has helped cushion the economic fallout. Following a record contraction in the first half of 2020, activity has rebounded, and growth is projected to strengthen to 6 percent in 2021, underpinned by a recovery in domestic demand and a positive contribution from net exports. The uncertainty surrounding the outlook is larger than usual.



International Monetary Fund Annual Report 2021


International Monetary Fund Annual Report 2021
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Author : International Monetary Fund. Secretary's Department
language : en
Publisher: International Monetary Fund
Release Date : 2021-10-04

International Monetary Fund Annual Report 2021 written by International Monetary Fund. Secretary's Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-04 with Business & Economics categories.


A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.



State Owned Enterprises In Middle East North Africa And Central Asia Size Costs And Challenges


State Owned Enterprises In Middle East North Africa And Central Asia Size Costs And Challenges
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Author : Mr. Ernesto Ramirez Rigo
language : en
Publisher: International Monetary Fund
Release Date : 2021-09-20

State Owned Enterprises In Middle East North Africa And Central Asia Size Costs And Challenges written by Mr. Ernesto Ramirez Rigo and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-20 with Business & Economics categories.


Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.



Ireland 2021 Article Iv Consultation Press Release And Staff Report


Ireland 2021 Article Iv Consultation Press Release And Staff Report
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Author : International Monetary
language : en
Publisher: International Monetary Fund
Release Date : 2021-06-16

Ireland 2021 Article Iv Consultation Press Release And Staff Report written by International Monetary and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-16 with Business & Economics categories.


Ireland entered the COVID pandemic with reduced vulnerabilities and high growth, especially in multinational enterprises (MNEs)-dominated sectors. The pandemic has had a highly asymmetric impact on the economy. The domestic sectors contracted by about 10 percent in 2020 and unemployment reached 30 percent at the peak of the first wave, while MNEs continued to grow strongly, driving overall GDP growth to 3.4 percent. A swift policy response has been effective in mitigating the crisis impact and protecting households and firms. The domestic sectors are expected to partially recover in 2021, with GDP growth projected at 4.6 percent. Downside risks stem from uncertainties surrounding new COVID variants, post-Brexit trade arrangements, and likely changes in international taxation.



Economic And Fiscal Outlook


Economic And Fiscal Outlook
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Author : Office for Budget Responsibility
language : en
Publisher: The Stationery Office
Release Date : 2010-11-29

Economic And Fiscal Outlook written by Office for Budget Responsibility and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-29 with Business & Economics categories.


The Office for Budget Responsibility was established to provide independent and authoritative analysis of the UK's public finances. Part of this role includes producing the official economic and fiscal forecasts. This report sets out forecasts for the period to 2015-16. The report also assesses whether the Government is on course to meet the medium-term fiscal objectives and presents preliminary observations on the long-run sustainability of the public finances. Since the June forecast, the UK economy has recovered more strongly than initially expected. The GDP growth was greater than expected in both the 2nd and 3rd quarters, but that unemployment levels have risen to levels that the June forecast did not anticipate until the middle of 2012. In general the world economy has also grown more strongly. CPI inflation has remained slightly higher than expected in June, whilst public finances have performed as forecast. The interest rates on UK debt are lower than in June. The OBR forecasts that the economy will continue to recover from the recession, but at a slower pace than the recoveries of the 1970s, 1980s and 1990s. The publication is divided into 5 chapters with two annexes.