Navigating Fiscal Challenges (IMF)

The Fiscal Monitor was launched in 2009 and is prepared twice a year by the IMF´s Fiscal Affairs Department. The Monitor provides a timely analysis of fiscal developments in advanced, emerging, and low-income economies. One of the key messages in this issue is that fiscal strategies should aim at gradually, but steadily and significantly, reducing public debt ratios, rather than just stabilizing them at their elevated postcrisis levels. see: http://www.imf.org/external/pubs/ft/fm/2010/fm1001.pdf