Source: International Monetary Fund – IMF (video statements)
Fiscal institutions in ministries of finance worldwide have been advancing the digital transformation of public finance, recognizing the potential of digital technologies to enhance their operations. Among these technologies, AI has sparked particular interest, with governments exploring its applications across various areas. Governments must grapple with both the potential of AI and the complexities of scaling its implementation effectively and responsibly.
At the same time, governments, especially in emerging and developing economies, face challenges that hinder progress in digitalizing fiscal operations, including outdated systems, limited interoperability, and difficulties to establish governance frameworks. This workshop comprises two panels to explore how governments are leveraging technologies and how the surge in AI interest has accelerated innovation and raised new expectations, including with AI use cases, setting up projects effectively, and approaching AI responsibly.