8th Annual Meeting of OECD Parliamentary Budget Officials and Independent Fiscal Institutions
Medium-term expenditure frameworks (MTEFs) are a tool governments can use to emphasise a medium term budgetary perspective rather than solely an annual one and to improve fiscal discipline. While medium-term expenditure ceilings are set in all but four OECD countries, the strength of these frameworks varies greatly, reflected by the degree to which they are stipulated in legislation and subsequently monitored by the legislative or independent bodies. My presentation examines where independent fiscal institutions can best complement MTEFs in promoting transparent and prudent fiscal policy.
Period
11 Apr 2016 → 12 Apr 2016
Held at
Organisation for Economic Cooperation and Development (OECD)