Republic of Poland: Technical Assistance Report-Developing a Medium-Term Budget Framework

· International Monetary Fund
Ebook
63
Pages
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About this ebook

The Polish government has committed to a budget reform strategy that is intended to modernize, strengthen, and lift the horizon of policy-making into the medium term. The reform was introduced by the Minister of Finance, and approved by the Council of Ministers (CoM) in July 2016. The first step in the new process will take place in March 2017 with a meeting of the CoM. At this meeting, the macroeconomic and fiscal projections to be included in Poland’s Multi-Year State Financial Plan (MYSFP) will be compared to spending envelopes, and policy priorities for the coming budget will be determined. This meeting will also launch the process of preparing Poland’s first medium-term budget framework (MTBF) for the period 2018–20.

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