The Importance and Drivers of Stock-Flow Adjustments in Mali

Stock-flow adjustments—extra-budgetary and below-the-line operations that do not reflect standard spending and revenue—have added 9 percentage points to the debt-to-GDP ratio in Mali over the past decade.
READ MORE...
Volume/Issue: Volume 2023 Issue 058
Publication date: July 2023
ISBN: 9798400248764
$15.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Money and Monetary Policy , Public Finance , International - Economics , Inflation , monetary policy , WAEMU , monetary unions , policy rates , inflation forecasts , stock-flow adjustment , fiscal policy decision-making , debt-to-GDP ratio in Mali , debt database , headline deficit , Government debt management , Debt sustainability analysis , Sub-Saharan Africa , Global

Also of interest
Spillovers from China’s Growth Slowdown to the Singapore Economy: Singapore
Impact of AI on Singapore's Labor Market: Singapore
Exchange Rate Pass-Through to Inflation in Singapore: Singapore
Hungary’s Corporate Sector Risk: A Machine Learning Approach
Summary

Stock-flow adjustments—extra-budgetary and below-the-line operations that do not reflect standard spending and revenue—have added 9 percentage points to the debt-to-GDP ratio in Mali over the past decade. That is just under a third of the total increase in public debt over that period. Despite their importance, there is little understanding of the causes of stock-flow adjustments. A number of actions could be taken to either reduce the occurrence of stock-flow adjustments or to increase transparency and monitoring which would assist fiscal policy decision-making.

Powered by: AIDC