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Fiscal Transparency And The Public Purse

During the recent pandemic, unprecedented public spending was required to help tackle the deadly disease and minimise its economic fallout. But faced with heightened uncertainty, rapidly changing conditions, and imperfect information, fiscal transparency was perhaps not at the forefront of politicians’ minds when making important public investment and spending decisions.

Post-pandemic, in the middle of a cost-of-living crisis, and on the edges of a recession, there is a greater desire to understand the government’s fiscal position and policies. In order to understand exactly what’s going on…

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