Medium term expenditure frameworks (MTEFs) are receiving renewed attention in the context of the formulation of Poverty Reduction Strategy Papers (PRSPs). Conceptually, MTEFs are the ideal tool for translating PRSPs into public expenditure programs within a coherent multiyear macroeconomic, and fiscal framework. But, do MTEFs work in practice? With a view to drawing preliminary lessons from experience, the paper undertakes a comparative assessment...
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详细
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2002/02/28
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工作文件（编号系列）
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23651
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1
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1
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2010/07/01
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Medium term expenditure frameworks : from concept to practice - preliminary lessons from Africa
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Public Finance and Economic Management