Incoming Republican majorities in Congress have promised various policy changes for the federal government. But first, they ...

What are Fiscal Rules? A fiscal rule is a long-lasting constraint on fiscal policy through numerical limits on budgetary aggregates. Fiscal rules typically aim at correcting distorted incentives and ...

Fiscal policy influences the economy through government spending and taxation ... MARK HORTON is an assistant director in the IMF’s Middle East and Central Asia Department. ASMAA EL-GANAINY is a ...