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Phil Smith  |  October 8, 2020

By Phil Smith, includes “As governments pour trillions of dollars into limiting the human and economic impact of COVID-19, better measures of public sector fiscal health are urgently required. … the US$4.6 trillion of loans and other injections sit 'below the line' in government accounts. … The journey from cash to accrual is fundamental to the transition to balance sheet accounting, and the crisis could be a catalyst for more governments to adopt this approach.”

Read the full article on: Jamaica Observer

 
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