Fiscal transparency Industries Transparency Initiative (EITI)<br> • Government finance statistics (GFS) Fiscal transparency Fiscal transparency refers to the publication of information on how governments raise, spend, and manage public resources. More specifically, it means publication of high quality information on how governments raise taxes, borrow, spend, invest, and manage public assets and liabilities. Fiscal transparency includes public reporting on the past, present, and future state of public finances. Fiscal policies have critical impacts on economic, social and environmental outcomes in all countries at all levels of development. Fiscal transparency is sometimes used synonymously with budget transparency. However, fiscal transparency is in principle
Fiscal transparency efficiency, equity, effectiveness, stability and sustainability of fiscal policies. This in turn enhances the likelihood that fiscal policies will have positive economic, social and environmental impacts. • Global Initiative for Fiscal Transparency (GIFT)<br> - GIFT's Resources and Publications.<br> - High Principles on Fiscal Transparency.<br> - Principles of Public Participation in Fiscal Policy.<br> - GIFT’s Guide on Principles and Mechanisms of Public Participation in Fiscal Policy.<br> • The World Bank - Fiscal Transparency<br> • IMF - Fiscal Transparency: (Fiscal Transparency Code, Fiscal Transparency Evaluation, Fiscal Transparency Manual and Natural Resource Guide)<br> • Public Expenditure and Financial Accountability (PEFA)<br> • The Extractive