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Beyond the annual budget : global experience with medium-term expenditure frameworks (Chino)

This report is a comprehensive review of country experience with Medium Term Expenditure Frameworks (MTEFs) worldwide. It looks at countries both with and without MTEFs over the period 1990 to 2008 to obtain results about their impact on fiscal performance. The report is structured as follows. Chapter two provides background on what constitutes a MTEF and what it aims to achieve. It also describes the Bank's engagement with MTEFs, presents main points...
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