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Paraguay: Report on Observance of Standards and Codes: Fiscal Transparency Module

International Monetary Fund

No 2006/014, IMF Staff Country Reports from International Monetary Fund

Abstract: This report on the Observance of Standards and Codes on Paraguay examines the Fiscal Transparency Module. Paraguay has made important progress toward greater fiscal transparency. The fairly comprehensive financial administration law has been complemented by legal reforms that eliminated most tax exemptions, revamped revenue administration procedures, and introduced standardized transparency requirements for public procurement, all of which reduce the scope for corruption. The framework for public employment should be modernized to increase the role of merit-based transparent and objective criteria in the hiring, selection, and promotion procedures.

Keywords: ISCR; CR; departmental government; audit rule; term of office; constitution state; state budget; fiscal policy; government transfer; debt information; private sector; government activity; government manager; Budget planning and preparation; Budget execution and treasury management; Public sector; Fiscal accounting and reporting (search for similar items in EconPapers)
Pages: 31
Date: 2006-01-13
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