Fiscal Monitor April 2023

Fiscal Monitor April 2023
Author :
Publisher :
Total Pages : 0
Release :
ISBN-10 : 9798400234026
ISBN-13 :
Rating : 4/5 (26 Downloads)

Book Synopsis Fiscal Monitor April 2023 by : International Monetary Fund

Download or read book Fiscal Monitor April 2023 written by International Monetary Fund and published by . This book was released on 2023-04-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report discusses how public finances have fluctuated with multiple shocks since the pandemic, characterized by atypical growth, inflation dynamics, and fiscal support to mitigate the shocks. The recent financial turmoil aggravated an already uncertain and complex outlook with tight financing conditions and mounting concerns for debt vulnerabilities. In this volatile environment, fiscal policy should prioritize consistency with monetary policy to restore price and financial stability, while supporting the most vulnerable. Abrupt changes in financial conditions also call for fiscal restraint to tackle fiscal vulnerabilities. To that end, governments will need to give greater priority to rebuilding fiscal buffers by developing credible risk-based fiscal frameworks that promote consistent macroeconomic policies, reduce debt vulnerabilities over time, and build up the necessary room to handle future shocks.


Fiscal Monitor April 2023 Related Books