Suriname: Technical Assistance Report-Medium-Term Macro-Fiscal Forecasting
Suriname: Technical Assistance Report-Medium-Term Macro-Fiscal Forecasting
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Volume/Issue:
Volume 2023
Issue 144
Publication date: April 2023
ISBN: 9798400241932
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Taxation - General , International - Economics , EAD staff , staff time , Suriname debt management office , EAD forecast , MFP staff , Macroeconomic and fiscal forecasts , Revenue forecasting , Caribbean
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Summary
This TA report summarizes the context, mission findings, and way forward for CARTAC’s provision of TA support to Suriname’s Economic Affairs Department (within the Ministry of Finance and Planning). A new medium-term macro-fiscal forecasting framework (MTFF) will be developed via several TA missions, and will focus on linking high-level revenue and expenditure projections to projections of macroeconomic determinants. In addition, a clear and transparent method of entering the effect of policy changes on these projections, and the contribution of any ‘one-off’ factors to projected revenues or expenditures, will be a key feature of the tool. Finally, training, through hands-on exercises using Surinamese data, will play an important role in supporting the development and ultimate adoption of the MTFF.
