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Title: Fiscal Transparency Code

Language: English

Type: Website

Nature: Institution

Published: January 1, 2014

Region: Global

Country: Global / Non-Specific

Keywords: PPP Framework, PPP Reference Guide, Online Guide

Document Link(s):

Document Summary:

The IMF’s Fiscal Transparency Code (the Code) is the international standard for disclosure of information about public finances. The Code comprises a set of principles built around four pillars (Figure below): (i) fiscal reporting; (ii) fiscal forecasting and budgeting; (iii) fiscal risk analysis and management; and (iv) resource revenue management. For each transparency principle, the Code differentiates between basic, good, and advanced practices to provide countries with clear milestones toward full compliance with the Code and ensure its applicability to the broad range of IMF member countries. Pillars I-III have been issued while a draft of Pillar IV is under public consultation.

Document Details:

IMF. 2014c. Fiscal Transparency Code. Washington, DC: International Monetary Fund. [#4673]

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Updated: June 27, 2022

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