South Africa: Technical Assistance Report-Fiscal Transparency Evaluation

South Africa

WASHINGTON, 15 April 2024 / PRN Africa / -- Summary:has many elements of sound fiscal transparency practices. Based on an assessment of fiscal transparency practices against the IMF’s Fiscal Transparency Code, South Africa's practices are strongest in fiscal reporting, followed by fiscal forecasting and budgeting, and weakest in fiscal risk analysis. There is room to improve South Africa’s fiscal reporting, budget transparency and management of fiscal risks.

SOURCE International Monetary Fund (IMF)