Rebuilding Fiscal Institutions in Postconflict Countries

The IMF's assistance to postconflict countries consists of 3 main elements: (i) technical assistance to rebuild capacity in key economic institutions; (ii) policy advice; (iii) financial and technical assistance in mobilizing donor support. The objective is to lay the basis for sustainable growth through institutional development and by addressing macroeconomic imbalances. This paper was prepared for a seminar of the IMF Executive Board. It discusses experiences in reestablishing fiscal management in those countries; reviews the challenges in rebuilding fiscal institutions based on experiences in 14 postconflict countries; and identifies key priorities in the fiscal area following the cessation of hostilities