Colombia: Report on the Observance of Standards and Codes-Fiscal Transparency Module

May 15, 2003

Preview Citation

Format: Chicago

Colombia: Report on the Observance of Standards and Codes-Fiscal Transparency Module, (USA: International Monetary Fund, 2003) accessed November 26, 2024

Summary

This report examines the Observance of Standards and Codes on Fiscal Transparency for Colombia. Colombia has made considerable progress in improving transparency in public finances. Major initiatives include: adoption of the Presidential Anti-Corruption Plan; improvement in the management of public banks; clarification of the expenditure responsibilities and resources among different levels of government; and introduction of modern accounting procedures. The legislative agenda now under way could lead to the adoption of important standards in the area of fiscal responsibility and transparency, as well as the integration and strengthening of territorial legislation.

Subject: Budget planning and preparation, Economic sectors, Expenditure, Fiscal policy, Public debt, Public financial management (PFM), Public sector

Keywords: Annual budget, Balance sheet, Budget planning and preparation, Cash basis, CR, Debt service, Executive branch, Fiscal policy, Fiscal year, Government On Line, Government statistics, ISCR, Organic law, Personnel administration, President of the republic, Private sector, Public finance, Public sector, Public servant

Publication Details

Pages:

43
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/128
Stock No:

1COLEA0022003
ISBN:

9781451808810
ISSN:

1934-7685

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