These country notes detail the fiscal situation to date (2011), the consolidation needs, and the commitments and intentions of governments in 30 OECD countries in the aftermath of the economic crisis.
The state of public finances has worsened considerably in many OECD countries. This report provides an overview of fiscal consolidation strategies (either reducing expenditures or raising taxes) to put public finances on a sustainable path.
The 3rd annual meeting of the OECD network of parliamentary budget officials (PBO) was held in Stockholm, 28-29 April 2011. The meeting was chaired by Anna Kinberg Batra, MP, Chair of the Finance Committee of the Swedish Parliament.
The 4th annual OECD meeting on public-private partnerships (PPPs) was held on 24-25 March 2011 in Paris.
Public administration has entered a new age. From "less" government in the 1980s to "New Public Management" in the 1990s and early 21st century, reforms are now focusing on the quality of services for citizens and businesses and on the efficiency of administration.
The 11th annual OECD public sector accruals symposium was held on 3-4 March 2011 in Paris. A special topic this year was the IPSASB conceptual framework for general purpose financial reporting.
SIGMA is a joint initiative of the OECD and the European Union, principally financed by the EU. SIGMA provides assistance to EU candidates and potential candidates and European Neighbourhood Policy beneficiaries (ENP) in their efforts to reform their public administration.
This list provides links to the Internet sites of finance ministries (or equivalent) in OECD member countries and in the observer countries to the OECD Working Party of Senior Budget Officials.
Data are available from 1980 and provide comparable information on marketable and non-marketable central government debt instruments in all OECD member countries. They are expressed either in million of US dollars or as a percentage of GDP. The coverage of the data is limited to central government debt issuance and excludes therefore state and local government debt and social security funds. Source: Central Goverment Debt Database
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The OECD Working Party of Senior Budget Officials (SBO) studies ways to help countries modernise their budget processes. This note highlights key institutional elements of a reformed budget process that can help minimise the extent of any future fiscal crisis.