The Budgeting Process in Mexico
Author: Paul Slomianski Marcovich
Publisher:
Published: 1998
Total Pages: 66
ISBN-13:
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Author: Paul Slomianski Marcovich
Publisher:
Published: 1998
Total Pages: 66
ISBN-13:
DOWNLOAD EBOOKAuthor: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Published: 2019-11-14
Total Pages: 81
ISBN-13: 1513520172
DOWNLOAD EBOOKThis Technical Assistance report on Mexico discusses public investment management assessment (PIMA). It evaluates 15 key institutions in terms of their institutional strength and effectiveness across the planning, allocation, and implementation phases of the PIM cycle, identifies strengths and weaknesses in the existing PIM framework, and produces an action plan to improve PIM. This assessment found that most of Mexico’s institutions scored as medium strength in terms of institutional design and effectiveness. It is recommended to include a medium-term target for the public sector borrowing requirement, introduce an independent body to review and assess the quality of the macro-fiscal projections, and amend the fiscal rule’s escape clause so it is only used in exceptional circumstances. In addition, expand the economic assumptions report to include more information on fiscal strategy and analyses of medium-term fiscal parameters. It is also recommended to develop mechanisms for coordination of public investment plans at federal and subnational levels to enhance efficiency and synergies of planning and investment prioritization.
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Published: 2018-10-03
Total Pages: 138
ISBN-13: 1484379829
DOWNLOAD EBOOKThis Fiscal Transparency Evaluation (FTE) report assesses Mexico’s fiscal transparency practices against the IMF’s Fiscal Transparency Code (FTC), including the draft pillar on resource revenue management. Mexico scores relatively well when compared with other Latin American countries and emerging market economies that have undergone a FTE. Out of the 48 principles across four pillars in the FTC, Mexico meets 16 principles at the basic level, 9 principles at the good level and 15 principles at the advanced level, while one principle does not apply. Fiscal transparency practices are strongest in the areas of resource revenue management and fiscal forecasting and budgeting, while the scores on fiscal risks analysis and management are lower.
Author: Sanjeev Khagram
Publisher: Brookings Institution Press
Published: 2013
Total Pages: 272
ISBN-13: 0815723377
DOWNLOAD EBOOKExplicates political economy factors that have brought about greater transparency and participation in budget settings across Asia, Africa, and Latin America. This title presents the strategies, policies, and institutions through which improvements can occur and produce change in policy and institutional outcomes.
Author: OECD
Publisher: OECD Publishing
Published: 2013-06-27
Total Pages: 274
ISBN-13: 9264190325
DOWNLOAD EBOOKGetting it Right is one of the most complete toolkits that the OECD has designed to help a country at the start of a new government administration.
Author: George M. Guess
Publisher: Cambridge University Press
Published: 2021-01-07
Total Pages: 287
ISBN-13: 1107198291
DOWNLOAD EBOOKThis analysis of budgetary systems and policies across the world examines how politics, culture, and economics influence public finance.
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
Published: 2013-11-26
Total Pages: 71
ISBN-13: 1475541384
DOWNLOAD EBOOKThis 2013 Article IV Consultation highlights that over the past year, Mexico has maintained macroeconomic policy continuity, while pursuing an ambitious agenda of growth-enhancing reforms. Reforms have already been approved to upgrade education, make labor markets more flexible, and foster competition in telecommunications. In 2013, the economy has begun to operate well below capacity, with real GDP growth expected to slow to 1.2 percent (down from 3.6 percent in 2012). The banking system—which accounts for about 60 percent of financial system assets—has remained resilient.
Author: Global Campaign on Urban Governance
Publisher: UN-HABITAT
Published: 2004
Total Pages: 46
ISBN-13: 9211316995
DOWNLOAD EBOOKAuthor: Ms. Alpa Shah
Publisher: International Monetary Fund
Published: 2021-10-18
Total Pages: 36
ISBN-13: 1513599666
DOWNLOAD EBOOKMexico has large extractive industries and it traditionally has raised sizable fiscal revenues from the oil and gas sector. A confluence of factors—elevated commodity prices, financial challenges of the state-owned oil company Pemex, and revenue needs for financing social and public investment spending over the medium term—suggest that a review of Mexico’s taxation regimes for natural resources would be opportune, against the backdrop of a comprehensive approach to tackling Mexico’s challenges. This paper identifies opportunities for redesigning mining taxation to increase somewhat the revenue intake while maintaining the favorable investment profile of the sector. It also discusses recent reforms to the oil and gas fiscal regime and future reform considerations, with attention to the attractiveness of investment on commercial terms—an issue that should be placed in the context of an overall reform of Pemex’s business strategy and possibly of the energy sector more generally.
Author: Rick Stapenhurst
Publisher: World Bank Publications
Published: 2008
Total Pages: 362
ISBN-13: 0821376128
DOWNLOAD EBOOKIn most countries, parliament has the constitutional mandate to both oversee and hold government to account. In light of the increased focus on good governance, academics and legislative strengthening practitioners are re-examining parliament's oversight function with a view to increasing public financial accountability, curbing corruption, and contributing to poverty reduction. This volume brings together research from many different perspectives and many different legislative settings worldwide. As the country case studies in section III demonstrate, the accountability mechanisms or oversight tools available to the legislature vary based on constitutionally defined powers of the legislature, institutional arrangements between the branches of government, divisions of authority between national, regional, and local governments, the degree of legitimacy conferred on the legislature, and the resources available to it. The budget process provides critical opportunities. Section II of this volume is devoted to examining budget oversight from the formulation and approval of the budget, to implementation and the ex post examination of the public accounts. Special attention is also paid to mechanisms to assist parliaments such as Public Accounts Committees and independent parliamentary budget offices. This title will be of interest to parliamentarians and parliamentary staff, legislative strengthening practitioners, and students of legislative development.