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The document critiques the implementation of Medium-Term Expenditure Frameworks (MTEFs) in developing countries, arguing that they often create superficial fiscal reforms without addressing fundamental budgeting issues. While some positive outcomes include increased awareness and coordination, the negative impacts, such as lack of local ownership and distraction from core budgeting problems, are significant. The author suggests that a tailored approach to MTEF, focusing on simpler forecasting methods, may b

Author

uwemkandawire

Language

EN