Publication: Solomon Islands Public Expenditure Review: Fiscal Reform and the Path to Debt Sustainability
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2022-09-30
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2023-01-05
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A Public Expenditure Review (PER) is a diagnostic instrument to analyze public expenditures and revenues, support policy dialogue with government, and inform engagement with other stakeholders. During November 2021 and July 2022, a PER was conducted for Solomon Islands, titled ‘Fiscal reform and the path to debt sustainability’. The PER examines the public finance implications of a large public investment pipeline and declining logging revenues, and identifies the importance of reform for fiscal sustainability and resilient development. On the revenue side, the PER examines pathways in which the government’s tax reform agenda and the mining sector can contribute to income generation and economic growth. On the recurrent expenditure side, the PER assesses public sector pay and employment, and identifies options to make spending in health and education more efficient. Finally, the PER investigates the risks and opportunities of the large public investment pipeline and the consequences for (fiscal) sustainability.
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“World Bank. 2022. Solomon Islands Public Expenditure Review: Fiscal Reform and the Path to Debt Sustainability. © World Bank. http://hdl.handle.net/10986/38362 License: CC BY 3.0 IGO.”
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