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There is a need for rigourous information to help governments plan and manage their consolidation programmes. Restoring Public Finances 2012 updates on fiscal consolidation strategies across OECD member countries since last year.

In addition, country profiles have been prepared and are available below.

Each country note has the following structure:

• Section 1 gives a brief overview of the main economic developments in recent years in the relevant country including real GDP, fiscal balance and gross debt figures.
• Section 2 presents the government’s fiscal consolidation strategies as manifested in fiscal balance and gross debt targets over the medium term, the size of the consolidation, and the composition of consolidation broken down into expenditure reductions and revenue enhancements.
• Major consolidation measures are listed in Section 3, quantified to the largest extent possible in local currencies and current prices annually.
• Section 4 provides recent or planned institutional reforms.

Country notes are in pdf format

‌‌ Australia	‌‌ Korea
‌‌ Austria	‌‌‌ Luxembourg
‌‌ Belgium	‌‌ Mexico
‌‌ Canada	‌‌ Netherlands
‌‌ Czech Republic	‌‌ New Zealand
‌‌ Denmark	‌‌ Poland
‌‌ Estonia	‌‌ Portugal
‌‌ Finland	‌‌‌‌‌‌‌ Slovak Republic
‌‌ France	‌‌ Slovenia
‌‌ Germany	‌‌ Spain
‌‌ Greece	‌‌ Sweden
‌‌ Hungary	‌‌ Switzerland
‌‌‌‌ Iceland	‌‌ Turkey
‌‌ Ireland	‌‌ United Kingdom
‌‌ Italy	‌‌ United States
‌‌ Japan

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