Commitment Controls

Pokar Khemani and Dimitar Radev

No 2009/004, IMF Technical Notes and Manuals from International Monetary Fund

Abstract: This technical note elaborates the objectives of commitment controls. The focus on commitment controls is justified on the grounds of their important role in developing an overall expenditure control framework, as well as controlling the accumulation of payment arrears. The note describes the preconditions for successful implementation of commitment controls. It elaborates the main institutional forms and operational arrangements of commitment controls. Implications for the IMF’s operational work and technical assistance are also discussed.

Keywords: TNM; commitment; commitment control; payment; control (search for similar items in EconPapers)
Pages: 13
Date: 2009-10-06
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