Publication:
Democratic Republic of São Tomé and Príncipe : Country Integrated Fiduciary Assessment, Volume 2. Public Expenditure Review

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-06-11T20:49:15Z
dc.date.available2012-06-11T20:49:15Z
dc.date.issued2007-06
dc.description.abstractThis Integrated Fiduciary Assessment is the first of its kind for Sao Tome and Principe. It combines the analysis and policy recommendations from a public expenditure review (PER), a country financial accountability assessment (CFAA), and a country procurement assessment review (CPAR). The goal of the report is to identify the major challenges facing the country in the prepetroleum era (the next three to five years) in public finance management (including public enterprises) as it attempts to implement its National Poverty Reduction Strategy (NPRS) with a tight resource envelope. This executive summary presents recent economic developments and fiscal sustainability analysis that takes into account petroleum and no-petroleum scenarios, with corresponding analysis on which of the Millennium Development Goals (MDGs) are reachable. The summary reports on revenue and expenditure performance since 2000-01, issues related to the implementation of the public investment program (PIP) and its coordination with the NPRS, and the budget process, including findings from the Health PER, which highlights a lack of allocative efficiency. The summary reports on the financial fragility of state-owned enterprises (SOEs) and the possible fiscal consequences for the central budget, especially regarding the implicit subsidies and tax breaks to (and the hypothetical tariff increases of) the electricity and water company. The summary of reports on the status of the public finance management system (budget preparation, execution, control, governance, and human resources) and the reform process that may address many of the concerns it rises. Finally, the summary presents the findings related to the procurement process, including the legislative and regulatory framework, institutional framework and management capacity, procurement operations and market practices, and integrity and transparency of the system.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/06/9823625/democratic-republic-sao-tome-principe-country-integrated-fiduciary-assessment-vol-2-4-public-expenditure-review
dc.identifier.doi10.1596/7730
dc.identifier.urihttps://hdl.handle.net/10986/7730
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO BANK
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE CLASSIFICATION
dc.subjectALLOCATION
dc.subjectARREARS
dc.subjectBANK CREDIT
dc.subjectBANKING SYSTEM
dc.subjectBASELINE SCENARIO
dc.subjectBROAD MONEY
dc.subjectBUDGET ALLOCATIONS
dc.subjectBUDGET EXECUTION
dc.subjectBUDGET EXPENDITURE
dc.subjectBUDGET MANAGEMENT
dc.subjectBUDGET YEAR
dc.subjectBUDGETING
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL INFLOW
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL PROJECTS
dc.subjectCASH BASIS
dc.subjectCASH BUDGETING
dc.subjectCDS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL GOVERNMENT
dc.subjectCIVIL SERVANTS
dc.subjectCOMMERCIAL BANKS
dc.subjectCONSTANT SHARE
dc.subjectCONSUMPTION GOODS
dc.subjectCORPORATE TAX RATE
dc.subjectCOUNTRY PROCUREMENT
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectCURRENT ACCOUNT TRANSACTIONS
dc.subjectDEBT OUTSTANDING
dc.subjectDEBT RELIEF
dc.subjectDEBT SERVICE
dc.subjectDEPOSIT
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT BANK
dc.subjectDOMESTIC DEMAND
dc.subjectDOMESTIC EXPENDITURE
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC SAVINGS
dc.subjectDONOR FINANCING
dc.subjectDONOR FUNDS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC STABILITY
dc.subjectEDUCATION EXPENDITURES
dc.subjectEXCESS LIQUIDITY
dc.subjectEXCHANGE RATE
dc.subjectEXOGENOUS SHOCKS
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE CATEGORIES
dc.subjectEXPENDITURE OBJECTIVES
dc.subjectEXPENDITURE POLICIES
dc.subjectEXPENDITURE POLICY
dc.subjectEXPENDITURES
dc.subjectEXPORTER
dc.subjectEXTERNAL AID
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL DEFICIT
dc.subjectEXTERNAL FINANCING
dc.subjectEXTERNAL GRANTS
dc.subjectEXTERNAL SHOCKS
dc.subjectFIDUCIARY ASSESSMENT
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL CONSTRAINTS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL PROGRAMMING
dc.subjectFINANCIAL STATUS
dc.subjectFISCAL ADJUSTMENTS
dc.subjectFISCAL BALANCE
dc.subjectFISCAL BEHAVIOR
dc.subjectFISCAL CONSTRAINT
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFISCAL REVENUE
dc.subjectFISCAL STANCE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFLEXIBLE EXCHANGE RATE
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DEBT
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE TRANSACTIONS
dc.subjectFOREIGN FINANCING
dc.subjectFOREIGN GRANTS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN RESERVES
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT FINANCE
dc.subjectGOVERNMENT POLICIES
dc.subjectGOVERNMENT REVENUES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectHEALTH EXPENDITURES
dc.subjectHEALTH SECTOR
dc.subjectHEALTH WORKERS
dc.subjectHOLDING
dc.subjectIMPLICIT SUBSIDIES
dc.subjectIMPORT DUTIES
dc.subjectIMPORT TARIFF
dc.subjectINCOME TAX
dc.subjectINCOME TAX REFORM
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINFORMATION CONSTRAINTS
dc.subjectINFORMATION SYSTEMS
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTEREST PAYMENT
dc.subjectINTEREST PAYMENTS
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTING
dc.subjectINVESTMENT BUDGET
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT PROJECTS
dc.subjectISSUANCE
dc.subjectJUSTICE SYSTEM
dc.subjectLAND REFORM
dc.subjectLEGAL INSTRUMENTS
dc.subjectLOAN
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL GOVERNMENT
dc.subjectMACROECONOMIC FRAMEWORK
dc.subjectMACROECONOMIC INDICATORS
dc.subjectMACROECONOMIC VARIABLES
dc.subjectMONETARY FUND
dc.subjectMONETARY INSTRUMENTS
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectMONETARY SECTOR
dc.subjectNATIONAL ACCOUNTS
dc.subjectNATIONAL INCOME
dc.subjectNATIONAL SAVINGS
dc.subjectNATURAL RESOURCES
dc.subjectNET PRESENT VALUE
dc.subjectOUTPUT RATIO
dc.subjectPERFORMANCE CONTRACTS
dc.subjectPERMANENT INCOME HYPOTHESIS
dc.subjectPLEDGES
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SAVINGS
dc.subjectPRIVATE SECTOR
dc.subjectPROCUREMENT SYSTEMS
dc.subjectPUBLIC ADMINISTRATION
dc.subjectPUBLIC BUDGET
dc.subjectPUBLIC CONSUMPTION
dc.subjectPUBLIC DEFICIT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEW
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENT PROGRAM
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC REVENUE
dc.subjectPUBLIC SAVINGS
dc.subjectPUBLIC SPENDING
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATES
dc.subjectRECURRENT EXPENDITURE
dc.subjectREFORM STRATEGIES
dc.subjectREGULATORY FRAMEWORK
dc.subjectRESERVE
dc.subjectRESERVE REQUIREMENT
dc.subjectRESERVE REQUIREMENTS
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectREVENUE INCREASES
dc.subjectREVENUE SOURCES
dc.subjectSECTOR MANAGERS
dc.subjectSHAREHOLDER
dc.subjectSOCIAL EXPENDITURE
dc.subjectSOCIAL EXPENDITURES
dc.subjectSTATE BUDGET
dc.subjectSTRUCTURAL DEFICIT
dc.subjectSTRUCTURAL REFORMS
dc.subjectSUSTAINABILITY ANALYSIS
dc.subjectTAX
dc.subjectTAX BREAKS
dc.subjectTAX CODE
dc.subjectTAX COLLECTION
dc.subjectTAX COLLECTIONS
dc.subjectTAX EXEMPTIONS
dc.subjectTAX RATES
dc.subjectTAX REVENUES
dc.subjectTAX STRUCTURE
dc.subjectTAX SYSTEM
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL DEBT
dc.subjectTOTAL EXPENDITURE
dc.subjectTOTAL EXPENDITURES
dc.subjectTOTAL SPENDING
dc.subjectTRADE LIBERALIZATION
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectVALUATION
dc.titleDemocratic Republic of São Tomé and Príncipe : Country Integrated Fiduciary Assessment, Volume 2. Public Expenditure Reviewen
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T11:06:16.458287Z
okr.doctypeEconomic & Sector Work::Integrated Fiduciary Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2007/06/9823625/democratic-republic-sao-tome-principe-country-integrated-fiduciary-assessment-vol-2-4-public-expenditure-review
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid503201468336554218
okr.guid388211468336553915
okr.guid118051468104963877
okr.guid433181468304469943
okr.identifier.externaldocumentum000333038_20080905041646
okr.identifier.internaldocumentum9823625
okr.identifier.report40130
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/09/05/000333038_20080905041646/Rendered/PDF/401300ESW0VOL110Box334049B01PUBLIC1.pdfen
okr.region.administrativeAfrica
okr.region.countrySao Tome and Principe
okr.sectorHealth
okr.sectorPublic Administration
okr.sectorLaw
okr.sectorPublic Administration, Law, and Justice
okr.sectorFinance
okr.sectorEducation
okr.themePublic expenditure
okr.themePublic expenditure, financial management and procurement
okr.themeOther accountability/anti-corruption
okr.themeDecentralization
okr.themeCorporate governance
okr.themeAdministrative and civil service reform
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicPublic Sector Expenditure Analysis and Management
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Economics and Finance
okr.topicPublic Sector Development
okr.unitAFT: PREM 3 (AFTP3)
okr.volume2 of 4
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