Fiscal Capacity News Today

Given the skewed nature of growth benefitting a very small part of the population, a rise in GDP may be unable to provide minimum entitlements to all voters

SURRY — As part of its effort to revise and update Surry’s 2014 comprehensive plan, the town’s Comprehensive Plan Committee has mailed a survey to all residents and made the

(Archived document, may contain errors)

A return to debt sustainability will create room for African policy makers to stave off risks to the post-pandemic recovery.

A European Debt Agency could greatly help in implementing a new fiscal policy strategy in Europe. This column identifies fluctuations in bond prices over the past 20 years that such an agency could have prevented, and argues that the agency could absorb the entire euro area debt while reducing its size due to less volatile price dynamics. A European Debt Agency could be used

The strong revival in revenues also provides the government with fiscal space to provide additional support as well, if necessary. The fiscal support given to the economy as well as the health response caused the fiscal deficit and government debt to rise in 2020-21. Economic Survey 2021-22: Govt Has Fiscal Capacity to Support Capital Expenditure.

Wicked Local After the pandemic strained Brookline’s already-tight finances, the town’s budget is on the mend heading into fiscal 2022, according to Town Administrator Mel Kleckner. Presenting the town’s FY22 financial plan to the Select Board last week, Kleckner called the plan a “recovery budget,” anticipating a gradual recuperation from pandemic-era revenue loss and a resumption of normal municipal operations.   “We see FY22 as a transition to go back and restore and get back to...