Iceland: Technical Assistance Report on a New Organic Budget Law
This technical assistance report on Iceland focuses on a new organic budget law (OBL). In designing a new OBL, it is important to preserve good features of Iceland’s current legal framework for budgeting. At the same time, any new OBL should address the key weaknesses in the Financial Reporting Act...
Main Author: | |
---|---|
Format: | Report |
Language: | unknown |
Subjects: | |
Online Access: | http://www.imf.org/external/pubs/cat/longres.aspx?sk=25529 |
id |
ftrepec:oai:RePEc:imf:imfscr:2012/004 |
---|---|
record_format |
openpolar |
spelling |
ftrepec:oai:RePEc:imf:imfscr:2012/004 2024-04-14T08:13:32+00:00 Iceland: Technical Assistance Report on a New Organic Budget Law International Monetary Fund http://www.imf.org/external/pubs/cat/longres.aspx?sk=25529 unknown http://www.imf.org/external/pubs/cat/longres.aspx?sk=25529 preprint ftrepec 2024-03-19T10:41:22Z This technical assistance report on Iceland focuses on a new organic budget law (OBL). In designing a new OBL, it is important to preserve good features of Iceland’s current legal framework for budgeting. At the same time, any new OBL should address the key weaknesses in the Financial Reporting Act 1997 that prevent it from providing a credible, integrated framework for budgeting. The institutional coverage of the OBL should be expanded to encompass the whole public sector and incorporate an integrated timetable for the entire budget process. ISCR;CR;central government;annual budget;operating statement;budget year; balance sheet; Medium-term Fiscal Strategy; permanent secretary; net lending; Budget planning and preparation; Fiscal law; Financial statements; Australia and New Zealand Report Iceland RePEc (Research Papers in Economics) New Zealand |
institution |
Open Polar |
collection |
RePEc (Research Papers in Economics) |
op_collection_id |
ftrepec |
language |
unknown |
description |
This technical assistance report on Iceland focuses on a new organic budget law (OBL). In designing a new OBL, it is important to preserve good features of Iceland’s current legal framework for budgeting. At the same time, any new OBL should address the key weaknesses in the Financial Reporting Act 1997 that prevent it from providing a credible, integrated framework for budgeting. The institutional coverage of the OBL should be expanded to encompass the whole public sector and incorporate an integrated timetable for the entire budget process. ISCR;CR;central government;annual budget;operating statement;budget year; balance sheet; Medium-term Fiscal Strategy; permanent secretary; net lending; Budget planning and preparation; Fiscal law; Financial statements; Australia and New Zealand |
format |
Report |
author |
International Monetary Fund |
spellingShingle |
International Monetary Fund Iceland: Technical Assistance Report on a New Organic Budget Law |
author_facet |
International Monetary Fund |
author_sort |
International Monetary Fund |
title |
Iceland: Technical Assistance Report on a New Organic Budget Law |
title_short |
Iceland: Technical Assistance Report on a New Organic Budget Law |
title_full |
Iceland: Technical Assistance Report on a New Organic Budget Law |
title_fullStr |
Iceland: Technical Assistance Report on a New Organic Budget Law |
title_full_unstemmed |
Iceland: Technical Assistance Report on a New Organic Budget Law |
title_sort |
iceland: technical assistance report on a new organic budget law |
url |
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25529 |
geographic |
New Zealand |
geographic_facet |
New Zealand |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25529 |
_version_ |
1796311532192137216 |