Fiscal Management Solution (FMS)

Our FMS aids clients in maintaining fiscal discipline to prevent the accumulation of unsustainable debt that can lead to currency and banking crises. Our FMS mitigates these risks by empowering our clients to:

I) Establish fiscal rules that restrict spending to available resources, preferably enshrined in the constitution for long-term stability.

II) Implement Public Financial Management (PFM) laws and processes that support the implementation of fiscal rules.

III) Include provisions for exceptions in cases of emergencies or natural disasters, and repayment of related debt in normal times to maintain a prudent debt profile.

IV) Develop fiscal strategies in line with fiscal rules and reporting mechanisms to incentivize compliance with the fiscal rules.