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Keywords: Fiscal Rule

TEPAV: “With a Fiscal Rule, Fiscal Policy of 2011 Could Have Been Looser” TEPAV conducted a study titled "What Would Budget Deficit Be With a Fiscal Rule?"
Haber Resim
05/08/2011 ANKARA - TEPAV stated that a fiscal rule would have required a tighter fiscal policy in 2010 and a looser fiscal policy in 2011 in line with the targets of the 2011 Medium Term Program (MTP). TEPAV published a study titled: "What Would Budget Defi [More]
TEPAV: “Public Financial Management System is not Adequate for Fiscal Rule” TEPAV stated that the soundness of the fiscal rule implementation process will be closely related with the steps proposed to be taken in the draft law submitted to the TBMM (The Grand National Assembly of Turkey).
31/05/2010 ANKARA- TEPAV said that the restructuring achieved in public financial management is currently insufficient for a healthy fiscal rule implementation and maintained "The Draft Law on Fiscal Rule, taking these exact insufficiencies into account, prop [More]
TEPAV/SAK: “Fiscal Rule is required for sustainable and steady growth...”
22/02/2010 İSTANBUL- TEPAV Director Prof. Dr. Güven Sak stated that a cap must be put on government expenditures through a fiscal rule in order to assure sustainable and stable growth. TEPAV Director Sak delivered a speech titled "Pace of European Union Enla [More]
TEPAV :"Instead of Introducing a New Fiscal Rule, the Existing Fiscal Rule is Loosened"
15/07/2009 ANKARA- TEPAV expressed that increasing the borrowing limit as per the "Torba" Law which is still on the agenda of the Grand National Assembly of Turkey (GNAT) means loosening the only fiscal rule in effect, ironically in a period where the necessity [More]