ebooks and download videos Search All  Title  Author 
Home / Nonfiction / Business & Economics / International / Economics

Portugal: Fiscal Transparency Evaluation

| £7.50 | €8.43 | Ca$12.17 | Au$12.01
by International Monetary Fund. Fisc Dept.
What is this?DRM-EPUB | by download   add to wish list
Portugal: Fiscal Transparency Evaluation by International Monetary Fund. Fisc Dept.

EXECUTIVE SUMMARY Portugal�s practices meet most of the principles of the revised Fiscal Transparency Code at good or advanced levels. A number of areas still present practices at a basic level, but in most of these cases this reflects reforms that have recently been launched and have not yet been fully implemented so as to affect current practices. Indeed, if measured against the practices observed prior to the recent financial crisis, there has been remarkable progress. The challenge is to press ahead with the reform agenda so that all fiscal transparency practices meet good or advanced levels, thus strengthening even further the management of public finances and the associated risks. The key findings of the present Fiscal Transparency Evaluation are: � Fiscal reporting is in line with good or advanced practices, particularly in compliance with EU requirements and ESA 95 standards, but still lacks a sound conceptual accounting framework based on internationally accepted standards. � Fiscal forecasting and budgeting have improved over the last three years, although investment evaluation only meets the basic standard of the Code. � Reporting of fiscal risks is in its infancy and in spite of numerous initiatives undertaken in the last few years, such as the publication of a fiscal risk statement, remains fragmented. The large amount and good quality of information available allows a very preliminary and partial estimate of the public sector net worth and total risk exposure. An estimated negative net worth position of 140 percent of GDP (including the liabilities of the main defined-benefits employment-related pension scheme) and a sizeable exposure to various contingent liabilities, although some of these have a low probability of crystallizing, are reminders of the still fragile status of Portugal�s p

To view this DRM protected ebook on your desktop or laptop you will need to have Adobe Digital Editions installed. It is a free software. We also strongly recommend that you sign up for an AdobeID at the Adobe website. For more details please see FAQ 1&2. To view this ebook on an iPhone, iPad or Android mobile device you will need the Adobe Digital Editions app, or BlueFire Reader or Txtr app. These are free, too. For more details see this article.

SHARE  Share by Email  Share on Facebook  Share on Twitter  Share on Linked In  Share on Delicious
or call in the US toll free 1-888-866-9150 product ID: 647059

Ebook Details
Pages: 83
Size: 4.6 MB
Date published:   2014
ISBN: 9781498314732 (DRM-EPUB)

DRM Settings
Copying:of 20 selections every 20 days allowed
Printing:of 20 pages every 20 days allowed
Read Aloud:  not allowed

This product is listed in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Public Finance
Nonfiction > Business & Economics > International > Economics

This author has products in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Business & Economics > Taxation
Nonfiction > Business & Economics > International > Economics
Nonfiction > Medical
Nonfiction > Medical > Health Policy
Nonfiction > Business & Economics > Real Estate > Mortgages
Nonfiction > Business & Economics > Public Finance
Nonfiction > Political Science > Public Policy > Economic Policy

If you find anything wrong with this product listing, perhaps the description is wrong, the author is incorrect, or it is listed in the wrong category, then please contact us. We will promptly address your feedback.

© 2016