Course on Fiscal Rules and Credit Risks Assessments
A fiscal rule imposes a long-lasting constraint on fiscal policy through numerical limits on budgetary aggregates. Fiscal rules typically aim at correcting distorted incentives and containing pressures to overspend, particularly in good times, so as to ensure fiscal responsibility and debt sustainability.
In line with these,WAIFEM is organising this course to broaden participants' understanding of various aspects of fiscal rules and risk assessments.
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