Prevention and Management of Government Arrears by Suzanne Flynn, Mario Pessoa

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Prevention and Management of Government Arrears

The accumulation of government expenditure arrears is one of the most common problems in public financial management. This technical note defines expenditure arrears and the different types of arrears that arise. The economic impact of chronic expenditure arrears accumulation is highlighted.

The accumulation of government expenditure arrears is one of the most common problems in public financial management. This technical note defines expenditure arrears and the different types of arrears that arise. The economic impact of chronic expenditure arrears accumulation is highlighted.

Publisher: International Monetary Fund ISBN: 9781498389396 Pages: 33