Publication: Public Expenditure Review for Peru : Spending for Results

Thumbnail Image
Files in English
English PDF (2.05 MB)
400 downloads

English Text (575.34 KB)
85 downloads

English PDF (2.57 MB)
170 downloads

English Text (614.09 KB)
71 downloads
Date
2012-06-06
ISSN
Published
2012-06-06
Author(s)
World Bank
Abstract
The purpose of this Public Expenditure Review (PER) is to take stock of Peru's public expenditure since the last PER and identify the main challenges. The key underlying questions addressed are: (i) How did Peru's public expenditure and revenues develop over the past decade? (ii) How have decentralization and the shift towards results-based budgeting impacted this development across levels of government and sectors? And, (iii) to what extent are public expenditures allocatively and technically efficient? This report aims to contribute to the policy discussion in Peru about the broad challenges faced by public expenditure. Since the last PER was prepared in 2002, a number of important developments have affected the management of public finances. First, the country has engaged in a decentralization process in which regional and local governments are increasingly assuming responsibilities for public service delivery. Second, as fiscal discipline was successfully restored, the policy focus shifted towards improving the efficiency and quality of public spending; and results-based budgeting has been gradually introduced to support policy and expenditure decisions. In addition, the increase in the level and volatility of the price of minerals has highlighted issues related to natural resource taxation and revenue sharing across different levels of government. This report aims to speak to these issues to help inform the policy debate on public expenditure in Peru.
Link to Data Set
Citation
World Bank. 2012. Public Expenditure Review for Peru : Spending for Results. Public Expenditure Review (PER);. © Washington, DC. http://hdl.handle.net/10986/13253 License: CC BY 3.0 IGO.
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue
Associated URLs
Associated content
Citations