Fiscal Adjustment (IMF)

Staying the course on fiscal adjustment by Fiscal Monitor, published by IMF.”The pace of fiscal adjustment is uneven among advanced economies, with many making steady progress, others needing to redouble efforts, and some yet to begin. In many emerging economies, fiscal consolidation is proceeding at an appropriate pace. In others, fiscal policy needs to be tightened faster than currently envisaged, to reduce overheating risks.”