Fiscal Monitor
As the global economy faces increasing fiscal challenges, multilateral surveillance of fiscal developments has become an important part of the IMF’s surveillance responsibilities. The Fiscal Monitor series provides an overview of latest public finance developments, updates the medium-term fiscal outlook, and assesses fiscal implications of policies relevant to the global economy.
The Fiscal Monitor is prepared twice a year by the IMF’s Fiscal Affairs Department. Its projections are based on the same database used for the World Economic Outlook (WEO) and the Global Financial Stability Report (GFSR). The fiscal projections for individual countries have been prepared by IMF desk economists, and, in line with the WEO guidelines.
2024
Fiscal Policy in the Great Election Year
April 17, 2024
The chapter highlights heightened risks to public finances given potential distortions from a record number of elections this year in the context of elevated public debt, still-high interest rates, and slowing growth prospects. Decisive fiscal consolidation efforts are needed to safeguard sustainable finances, while protecting the most vulnerable.
2023
Climate Crossroads Fiscal Policies in a Warming World
October 2, 2023
Join us for the launch of a new Chapter 1 of the October 2023 Fiscal Monitor discusses the appropriate mix of fiscal policies to address climate change to contain the rise in temperatures.
Fiscal Monitor April 2023
April 12, 2023
Inflation affects public finances and the distribution of well-being across households. Targeted fiscal policy can help lower inflation and protect vulnerable households from the cost-of-living crisis.
2022
Fiscal Monitor, October 2022
October 9, 2022
The October 2022 Fiscal Monitor discusses how fiscal policy can foster economic resilience, which allows households and firms to bounce back from present adversities and cope with future challenges.
Fiscal Monitor, April 2022
April 6, 2022
Amidst pandemic legacies and the war, fiscal policy needs to address the humanitarian crisis and economic disruption while being flexible and ready to adjust as the outlook becomes clearer.
2021
Fiscal Monitor, October 2021
October 7, 2021
Fiscal Monitor Chapter 1 - This report explains how committing to sound public finances, with a credible set of rules and institutions to guide fiscal policy, can help governments address challenges as they try to recover from the pandemic.
Fiscal Monitor, April 2021
April 1, 2021
The April 2021 edition of the Fiscal Monitor focuses on tailoring fiscal responses to the COVID-19 pandemic and adopting policies to reduce inequality and gaps in access to quality public services.
Fiscal Monitor Update, January 2021
January 20, 2021
Flexible government actions are necessary to ensure swift and extensive vaccine rollouts, protect the most vulnerable households and otherwise viable firms, and foster a durable and inclusive recovery. This Fiscal Monitor Update analyzes measures to date and the scope for more, depending on country circumstances, and tracing the implications for fiscal debts and deficits.
2020
Fiscal Monitor, October 2020 - Policies for the Recovery
October 14, 2020
Chapter 1 of the October 2020 Fiscal Monitor discusses fiscal policies during and after the pandemic that save lives and livelihoods and revive growth and job creation. Chapter 2 of the October 2020 Fiscal Monitor discusses how public investment can contribute to the recovery, create jobs, and strengthen resilience to future crises.
Fiscal Monitor - April 2020
April 6, 2020
Chapter 1 of April 2020 edition of Fiscal Monitor
discusses fiscal policies to support people in response to the COVID-19
pandemic. Chapter 2 of the April 2020 edition of the Fiscal
Monitor discusses fiscal policies to reinvigorate economic growth and
counter adverse macroeconomic shocks. Chapter 3 discusses how state-owned enterprises have
evolved in recent decades and how countries can get the most out of them.