« What is the COVID-19 Crisis Impact on Public-Private Partnerships | Main | PFM Solutions for Emergency Cash Transfers in Brazil »

May 01, 2020

COVID-19: New IMF Notes on Fiscal Issues (Batch 3)

Covid

The IMF published on April 29, 2020 the following notes in its Special Series on COVID-19. The notes discuss PFM issues and other fiscal topics. The Special Series notes are produced by IMF experts to help member countries address the economic effects of COVID-19.

Government Cash Management Under Fiscal Stress

Faced with decreasing revenues, constrained access to financial markets and large emergency spending needs, governments should adopt a multipronged approach to cash management to ensure there is adequate liquidity to meet their payment obligations.

Issues When Cutting Government Pay to Help Reshuffle Spending in a Crisis

Spending needs are at an all-time high but many countries lack fiscal space to ramp up spending. Cutting government pay has been put on the table as a temporary measure to help meet urgent needs. This note discusses key issues to consider.

Revenue Administration: Reinvigorating Operations to Safeguard Collection and Compliance

Revenue agencies will have to be ready to restore their operations, safeguard tax collection and recover taxpayers’ compliance to precrisis levels, when COVID-19 spreading is contained and lockdown measures are eased.

Revenue Administration: Safeguarding Revenues for Oil-Producing Countries

COVID-19 is contributing to extreme volatility in crude oil prices. Countries dependent on oil revenues face shortfalls; they should take urgent measures and strengthen revenue administration practices to support the sector while protecting revenues.


This article is part of a series related to the Coronavirus Crisis. All of our articles covering the topic can be found on our PFM Blog Coronavirus Articles page.

Note: The posts on the IMF PFM Blog should not be reported as representing the views of the IMF. The views expressed are those of the authors and do not necessarily represent those of the IMF or IMF policy.

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.


August 2020

Sun Mon Tue Wed Thu Fri Sat
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31          
Aug 20



Back to top of page
©2007 IMF. All Rights Reserved. About Us | Terms of Use