Changes to Credit Guarantee Cost Estimates
This document makes a minor change to how the government calculates the costs of its credit programs. This aims to ensure that these estimates are more precise, which can affect how the government manages its finances and credit support programs. For citizens, this means greater transparency in public spending related to credit guarantees.
Key points
Requires government credit program cost estimates to include the percentage guaranteed on loan guarantee commitments.
Increases transparency in financial reporting for government credit programs.
Status:
Expired
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