Contingent Liability Risks from State-Owned Enterprises

World Bank

World Bank, Washington, DC

关键词: ACCOUNTING;    ACCOUNTING STANDARDS;    ASSETS;    BALANCE SHEET;    BALANCE SHEETS;   

RP-ID  :  53456

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Countries across all continents face thechallenge of managing contingent liabilities arising frommultiple sources, including state-owned enterprises (SOEs),parastatals, off-budget financing arrangements, civilservant entitlement schemes etc. The current financialcrisis has made countries even more vulnerable to the severeimpact of contingent liabilities on government finances,creating an urgent need to institutionalize systems tocontrol and mitigate fiscal risks arising from thesecontingent liabilities. This note captures the technicaladvice provided by the Public Sector Performance (PSP)Global Expert Team (GET) in response to a just-in-timerequest by Bank staff working with government officials in aMiddle-Eastern country to manage contingent liability risksarising from SOEs.