Growth, inflation, interest rates, currency depreciation (IMF)

Economic and political uncertainty and risks (IMF and IPSASB)

Oil prices (IMF)

Population ageing (IMF and IPSASB)

Future economic and demographic conditions (IPSASB)

Assumptions about country and global trends (e.g. productivity, competitiveness, population age, income, educational level and workforce participation) (IPSASB)

Purchasing Power Parities (OECD)

Population, GDP (OECD and ECB)

Citizens and other stakeholders' sentiments and reactions (IMF)

Nature of the entity and regulatory environment (IPSASB)

Revenues shared with the central government vs local discretionary revenues (IMF)

Key institutional characteristics, such as government accountability and governance, to build trust (IMF)

Electoral cycles (IMF)

Transparency and effective communication strategies for fostering public trust (IMF)

Transfer dependency and vertical fiscal imbalances (IMF)

Comparison of fiscal reality on a cash basis (OECD)

Accrual basis and international standards essential to improve the comparability and transparency of government financial reports (IPSASB and OECD)

ESA2010 (ECB)

Government Financial Statistics (GFS) – cash or non-cash (a spectrum of recording basis other than cash, including accrual) information (IMF)