IMF draws links between transparency and debt accumulation

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The International Monetary Fund has urged countries that receive low scores as part of the fund’s fiscal transparency evaluation (FTE) to open up their budget processes.

In an article that focuses on the Middle East and central Asia region, the fund outlines how introducing budgetary goals could help reduce the pace of debt accumulation.

“By improving the transparency and accountability of their fiscal institutions, countries in the region can help reduce their fiscal vulnerabilities, promote

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