Fiscal Policy Making
We facilitate learning on how to use government spending and revenue collection, i.e. various fiscal policy options, to influence an economy. To support our constituency in establishing well-functioning medium-term fiscal frameworks, we offer insights into the innovative mechanisms and tools for budget management that foster fiscal rules, risks mitigation, transparency and responsibility principles for all PFM actors. We also address approaches for effective management and control of all funding sources of public expenditures - domestic (e.g. tax & revenue collection) and external (e.g. donor support), while also challenging them in light of varying debt management strategies.
Topic lead
2026 Highlights
In 2026, we will support Western Balkan countries and Türkiye in conducting fiscal impact assessments of structural reforms outlined in the Economic Reform Programmes and Reform Agendas, while also continuing provision of the support to line ministries in costing these reforms.
We will also continue to assist partner institutions in integrating reform costs into annual budget processes and medium-term fiscal frameworks, thereby enhancing fiscal planning and expenditure prioritization.
In parallel, we will continue provision of targeted support to the Montenegrin public sector in the areas of coordination, implementation, and monitoring of the Public Financial Management Reform Program.
![Structural Reforms Better Integrated
Within Fiscal Frameworks [FISR 2]](/assets/images/learning-resources/FISR2_brochure.jpg)
