Balancing Fiscal Policy Risks (Monitor IMF)

Balancing Fiscal Policy Risks by Monitor Fiscal Published by IMF. “In this uncertain environment, fiscal policy must find the right balance between exploiting short-term space to support the fragile recovery and rebuilding longer-term space by advancing fiscal consolidation. Against that background, the issue examines in more detail the concept of fiscal space, or the scope that policymakers have to calibrate the pace of fiscal adjustment without undermining fiscal sustainability.”