01821cas a2200241 a 4500 AALejournalIMF021136 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513551760 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Fiscal Affairs Dept. Brazil : Technical Assistance Report-Strengthening Fiscal Responsibility at the Subnational Level. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (43 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The fiscal challenges of Brazil's states and municipalities can have a significant impact on the economy and the provision of core public services. The subnational governments (SNGs) account for a large share of public expenditures, including public investment. As such, their fiscal problems can hamper the economic recovery and the public finances of the federal government. In recent years, many states and municipalities have been struggling with high debt or severe liquidity pressures. Some have already defaulted on part of their debt and are running payment arrears (wages and suppliers). The federal government has already provided a substantial package of financial support through debt service relief. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2020/227 Full text available on IMF http://elibrary.imf.org/view/journals/002/2020/227/002.2020.issue-227-en.xml IMF e-Library