Some countries are strengthening
Some countries are strengthening them through the recent introduction of public debt targets, such as Paraguay, Chile, and Colombia. However, in trying to address the problem, some have become overly complex at the expense of transparency and accountability. There are several areas for improvement, including providing more resources to independent fiscal institutions and strengthening accountability mechanisms. And it is critical to avoid reforms that imperil public finances. With lackluster growth prospects, high financing costs, and an uncertain world, now is the moment to reduce deficits and enhance fiscal frameworks, both of which help with reducing borrowing costs. It is urgent for countries to rebuild the space used in the last five years. Fiscal discipline will also help tame inflation, as our October report notes, which would ease the pressure on monetary policy สล็อตเว็บตรง