New Releases

Tax capacity is key to sustainable development. Reforming tax systems, improving compliance, and strengthening governance are vital. IMF supports country-led tax reform efforts through capacity development work.

Global Economy

Chapter 1 explores how governments can improve economic growth prospects by enhancing the efficiency and composition of public spending, while keeping the overall spending envelope unchanged.

Emerging Markets

Many countries have revised fiscal rules, but debt and deficits remain high. Stronger enforcement, independent oversight, and well-designed rule changes are needed to improve compliance and transparency.