Cyprus [electronic resource] : Report on the Observance of Standards and Codes: Fiscal Transparency Module.

By: International Monetary FundMaterial type: TextTextSeries: IMF Staff Country Reports, Country Report ; No. 05/382Publication details: Washington, D.C. : International Monetary Fund, 2005Description: 1 online resource (45 p.)ISBN: 1451809867 :ISSN: 1934-7685Subject(s): Budgetary Policy | Fiscal Management | Fiscal Policy | Fiscal Transparency | Government Accounting | CyprusAdditional physical formats: Print Version:: Cyprus : Report on the Observance of Standards and Codes: Fiscal Transparency ModuleOnline resources: IMF e-Library | IMF Book Store Abstract: This Report on the Observance of Standards and Codes (ROSC) examines Fiscal Transparency for Cyprus. The report reveals that Cyprus has been making major progress in improving fiscal transparency, helped by the government's efforts to strengthen budget management systems and comply with the European Union acquis communautaire. As a result, the country now fully meets or even exceeds the code's standards in many areas. The momentum of fiscal management reform efforts should be maintained to meet the requirements of the code in additional areas.
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This Report on the Observance of Standards and Codes (ROSC) examines Fiscal Transparency for Cyprus. The report reveals that Cyprus has been making major progress in improving fiscal transparency, helped by the government's efforts to strengthen budget management systems and comply with the European Union acquis communautaire. As a result, the country now fully meets or even exceeds the code's standards in many areas. The momentum of fiscal management reform efforts should be maintained to meet the requirements of the code in additional areas.

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