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Medium-Term Expenditure Frameworks Revisited (anglais)

This study provides an updated look at Medium-Term Expenditure Frameworks (MTEFs). As the world is emerging from the COVID-19 pandemic, this study suggests that MTEFs responded to the dislocations of the pandemic and emerged intact. It reinforces the view of an earlier World Bank study (2013) that MTEFs, when well-designed and implemented meaningfully, can contribute to improved public policy and financial management. The analysis in this report draws...
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