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Macro-Fiscal Management Practices in Eastern and Southern Africa

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  • Mr. Ian Lienert

Abstract

This paper examines the institutional arrangements of the macro-fiscal function in 16 African countries. Most ministries of finance (MoFs) have established a macro-fiscal department or unit, but their functions, size, structure and outputs vary considerably. Based on a survey, we present data on staff size, functional scope and the forecasting performance of macro-fiscal departments and identify common challenges in the countries reviewed. Some MoFs perform many macro-fiscal functions, but actions of various kinds are needed to strengthen their macro-fiscal departments. This paper provides some guidance for policy-makers in the region for enhancing the quality and scope of macro-fiscal outputs.

Suggested Citation

  • Mr. Ian Lienert, 2021. "Macro-Fiscal Management Practices in Eastern and Southern Africa," IMF Working Papers 2021/030, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2021/030
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    Cited by:

    1. Michał Mackiewicz, 2021. "The sustainability of fiscal policy in southern African countries–a comparative empirical perspective," International Journal of Emerging Markets, Emerald Group Publishing Limited, vol. 18(2), pages 337-350, April.

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