Narrow Your Choices

Refine By Type

Refine By Countries

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Search Results

You are looking at 1 - 4 of 4 items for :

  • "factors inhibiting TSA reform" x
Clear All
Cover IMF How To Notes
How to Build Cash Management Capacity in Fragile States and Low-Income Developing Countries
Sailendra Pattanayak, Racheeda Boukezia, Yasemin Hurcan, and Ramon Hurtado
Fiscal institutional capacity in most fragile states (FS) and several low-income developing countries (LIDCs) is much lower than in other countries. Governments in these countries face several cash management challenges because they often lack credible budgets, have smaller and less diversified revenue bases, have limited access to financial markets, and rely largely on donors to fund a large portion of their budgets. Available public funds in these countries often remain dispersed outside the control of the ministry of finance. In the absence of a good cash forecasting function, these countries typically resort to cash rationing to meet their priority spending needs, often in an ad hoc manner, which can adversely affect budget execution and achievement of fiscal policy targets. This note sets out the key objectives and building blocks of a cash management function in FS and LIDCs. It suggests several measures to progressively build cash management capacity in three interrelated areas: consolidating cash resources, forecasting cash flows, and managing cash balances with sound institutional setups.
Keywords:
cash management decision flow chart; factors inhibiting TSA reform; cash management function; Treasury committee; cash inflow; Government cash management; Government cash forecasting; Currencies; Fiscal accounting and reporting; Treasury Single Account; West Africa
Cover IMF How To Notes
Back Matter
Sailendra Pattanayak, Racheeda Boukezia, Yasemin Hurcan, and Ramon Hurtado
Keywords:
cash management decision flow chart; factors inhibiting TSA reform; cash management function; Treasury committee; cash inflow; Government cash management; Government cash forecasting; Currencies; Fiscal accounting and reporting; Treasury Single Account; West Africa
Cover IMF How To Notes
Front Matter
Sailendra Pattanayak, Racheeda Boukezia, Yasemin Hurcan, and Ramon Hurtado

Buffer to Meet Any Unforeseen Demands for Cash Managing the Relationship between the Ministry of Finance and the Central Bank Establishing an Institutional Mechanism for Cash Management Decisions VI. Developing a Sequenced Strategy for Cash Management Reforms Conducting a Diagnostic to Understand the Context and Institutional Weaknesses Identifying Reform Priorities and Developing a Sequenced Reform Strategy Annex 1. Illustrative List of Functions of a Cash Management Unit (CMU) References Boxes 1. Factors Inhibiting TSA Reform in Fragile

Keywords:
cash inflow; cash coordination committee; Government cash management; Government cash forecasting; Treasury Single Account; West Africa
Cover IMF How To Notes
How to Build Cash Management Capacity in Fragile States and Low-Income Developing Countries
Sailendra Pattanayak, Racheeda Boukezia, Yasemin Hurcan, and Ramon Hurtado

the implementation. A complete inventory of the governments bank accounts, a well-functioning banking network and technology, and an adequate accounting system will all be lacking in many conflict- or post-conflict countries. In the absence of adequate infrastructure, the reform should be carefully sequenced. For example, closure of MDAs’ bank accounts before introducing a functional nation-wide payment system increased the use of physical cash for government payments in Somalia. Box 1. Factors Inhibiting TSA Reform in Fragile States and Low-Income Developing

Keywords:
cash balance; minister of finance; government bank accounts; cash management capacity; cash resource