Public Finance

The indicator records BADEA financing delivered to Côte d’Ivoire’s education sector, measured in millions of US dollars. It distinguishes amounts actually paid from funding planned or …

The deficit ratio measures a government’s fiscal shortfall relative to the size of its economy. It is calculated by comparing general government borrowing with GDP, using …

Deficit-debt adjustment is the set of factors that explain why public borrowing or debt growth may differ from the reported fiscal deficit. It captures effects such …

Direct taxes are government charges borne by the persons or organisations on whom they are imposed, rather than being passed on through the price of goods …

Discretionary fiscal policy consists of intentional adjustments to public finances, including changes to taxes, government purchases, or benefit payments, made by policymakers to achieve economic or …

Fiscal stance indicates whether discretionary government budget measures are adding to or subtracting from aggregate demand. A standard gauge is the year-on-year movement in the primary …

The European Commission is the executive body of the European Union. Established in 1967 for the three European Communities then in existence, it prepares draft legislation …

The European Financial Stability Facility (EFSF) was a company created by the governments of the euro-area countries through an agreement between them. It was established to …

The fiscal compact denotes the fiscal rules set out in Title III of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union. …

In the ESA 2010 sector classification, local government denotes the part of general government responsible for public affairs within a defined locality. It comprises municipalities and …