Capitalizing on Good Times (IMF)

Capitalizing on good times – Fiscal Monitor published by IMF (4/2018). “Strong and broad-based growth provides an opportunity to begin rebuilding fiscal buffers now, improve government balances, and anchor public debt. Strengthening fiscal buffers in the upswing will create room to provide fiscal support in an eventual downturn and will prevent fiscal vulnerabilities from becoming a source of stress if financial conditions deteriorate.”

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