How To Build Cash Management Capacity In Fragile States And Low Income Developing Countries
Download How To Build Cash Management Capacity In Fragile States And Low Income Developing Countries PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get How To Build Cash Management Capacity In Fragile States And Low Income Developing Countries book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages.
How to Build Cash Management Capacity in Fragile States and Low-Income Developing Countries
Author: Sailendra Pattanayak
language: en
Publisher: International Monetary Fund
Release Date: 2022-03
Fiscal institutional capacity in most fragile states (FS) and several low-income developing countries (LIDCs) is much lower than in other countries. Governments in these countries face several cash management challenges because they often lack credible budgets, have smaller and less diversified revenue bases, have limited access to financial markets, and rely largely on donors to fund a large portion of their budgets. Available public funds in these countries often remain dispersed outside the control of the ministry of finance. In the absence of a good cash forecasting function, these countries typically resort to cash rationing to meet their priority spending needs, often in an ad hoc manner, which can adversely affect budget execution and achievement of fiscal policy targets. This note sets out the key objectives and building blocks of a cash management function in FS and LIDCs. It suggests several measures to progressively build cash management capacity in three interrelated areas: consolidating cash resources, forecasting cash flows, and managing cash balances with sound institutional setups.
How to Improve Public Investment Management in Low-Income Countries
Author: Khaled Eltokhy
language: en
Publisher: International Monetary Fund
Release Date: 2025-01-15
This How to Note discusses how low-income developing countries (LIDCs) can strengthen the effectiveness and efficiency of their public investment. The note draws on Public Investment Management Assessments and focuses on eight institutions that are likely to be key reform priorities in many LIDCs: project appraisal, multi-year budgeting, maintenance, project selection, procurement, availability of funding, project management, and monitoring of public assets. For each of these, the note discusses basic practices, which should be realistic initial reform objectives for low-capacity countries, as well as medium practices that may be relevant objectives for medium-term reforms. The note also discusses how to overcome reform implementation challenges and consolidate the reforms and provides examples of action plans to implement the different reforms.
Macroeconomic Developments and Prospects in Low-Income Countries - 2022
Author: International Monetary
language: en
Publisher: International Monetary Fund
Release Date: 2022-12-08
Russia’s war in Ukraine and the related fallout have created a challenging external environment for the post-pandemic recovery of low-income countries (LICs). Food and commodity prices linger at elevated level with worsening food security. Global financial conditions tighten as major economies are fighting against inflation. The delay in LICs’ income per capita convergence to that of advanced economies (AEs) is expected to last into the medium term.