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Public Finance Management Reform Project

Public Finance Management Reform Project. Macroeconomic and Fiscal Analysis. Role of the FPI. Mission of the FPI – to produce reliable macroeconomic and fiscal analysis and projections for the government Main responsibilities: Macroeconomic analysis and forecasts

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Public Finance Management Reform Project

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  1. Public Finance Management Reform Project Macroeconomic and Fiscal Analysis Ministry of Finance

  2. Role of the FPI • Mission of the FPI – to produce reliable macroeconomic and fiscal analysis and projections for the government • Main responsibilities: • Macroeconomic analysis and forecasts • Tax revenue and fiscal analysis • Structural reforms and economic policy Ministry of Finance

  3. Main outputs • Quarterly Report • Medium-Term Fiscal Outlook • Convergence Programme • Cardiff Report • Research Papers Ministry of Finance

  4. PFMR Project and the FPI • New macroeconomic model linked to an international model • New tax revenue forecast framework • On-the-job trainings, seminars, study tours • New organizational structure • Defining linkages between FPI and other units and institutions • Improving medium-term fiscal framework Ministry of Finance

  5. Expected outcomes • Higher transparency • Increased quality of forecasts • Higher efficiency • Increased credibility • Easier decision making process • Higher consistency of government policies Ministry of Finance

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