How Long to Read Medium-Term Budget Frameworks in Sub-Saharan African Countries

By Mr.Richard I Allen

How Long Does it Take to Read Medium-Term Budget Frameworks in Sub-Saharan African Countries?

It takes the average reader and 38 minutes to read Medium-Term Budget Frameworks in Sub-Saharan African Countries by Mr.Richard I Allen

Assuming a reading speed of 250 words per minute. Learn more

Description

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the performance of these frameworks in six countries–– Kenya, Namibia, South Africa, Tanzania, Uganda, and Zambia. It assesses the effectiveness of MTBFs in achieving improved fiscal discipline, resource allocation, and certainty of funding, as well as wider economic and social criteria such as poverty reduction and more efficient public investment. In most countries, early successes were not sustained, and budgetary outcomes did not improve, partly for technical reasons, such as poor data and inadequate forecasting methodologies, but also because the reforms were largely supply driven. The paper argues that the development of MTBFs typically falls into four distinct phases. To make the transition from one phase to the next, developing countries should focus on building their capability in macrofiscal forecasting and analysis, and in improving the credibility of the annual budget process.

How long is Medium-Term Budget Frameworks in Sub-Saharan African Countries?

Medium-Term Budget Frameworks in Sub-Saharan African Countries by Mr.Richard I Allen is 37 pages long, and a total of 9,509 words.

This makes it 12% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Medium-Term Budget Frameworks in Sub-Saharan African Countries Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Medium-Term Budget Frameworks in Sub-Saharan African Countries aloud.

What Reading Level is Medium-Term Budget Frameworks in Sub-Saharan African Countries?

Medium-Term Budget Frameworks in Sub-Saharan African Countries is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Medium-Term Budget Frameworks in Sub-Saharan African Countries?

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