Publication:
Zimbabwe Public Investment Management Efficiency Review

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2017-05-30T21:21:40Z
dc.date.available2017-05-30T21:21:40Z
dc.date.issued2012-06-26
dc.description.abstractThe Public Investment Management (PIM) efficiency review is intended to support the Government of Zimbabwe, and in particular the Ministry of Finance, in its efforts to strengthen the efficiency of the public investment system, with the goal of improving the creation, operation and maintenance of public sector capital assets that support service delivery and economic growth. The problems of public investment management are not merely financial but systemic. Budget execution deficit remains a major bottleneck. Due to large backlogs across sectors, capital budget allocation has prioritized completion and rehabilitation of on-going and stalled projects and programs. Currently, public investment projects are mainly financed by the national budget. Regulatory frameworks for public-private partnerships are in place, but sluggish recovery from the private sector has not made it a notable source of financing for capital projects. Foreign loans and grants, and humanitarian aid from donors are not channeled through the official budget. This report is intended to provide the basis for a follow-on discussion with government on possible options and approaches to addressing the identified problems, focusing on those which are the most critical to Zimbabwe's economic recovery and long term development. It is complementary to the action plan, also developed by the team for consideration by the Government of Zimbabwe, which suggests a list of reform actions over the immediate to medium-term to strengthen the regulatory framework and build capacity across central and implementing agencies. The objective of the policy note is to support the Government of Zimbabwe to strengthen the efficiency of PIM system, with an ultimate goal of contributing to improved governance, service delivery, and economic growth. The study will inform a reform and capacity strengthening action plan with the Government as well as subsequent Bank's proposed technical assistance program to strengthen the PIM.en
dc.identifierhttp://documents.worldbank.org/curated/en/560421468179933495/Zimbabwe-Public-investment-management-efficiency-review
dc.identifier.doi10.1596/26789
dc.identifier.urihttps://hdl.handle.net/10986/26789
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectABSORPTIVE CAPACITY
dc.subjectACCOUNTANT
dc.subjectACCOUNTING
dc.subjectALLOCATION OF FUNDS
dc.subjectAUDIT OFFICE
dc.subjectAUDITORS
dc.subjectAUDITS
dc.subjectBALANCE SHEET
dc.subjectBANKING INSTITUTIONS
dc.subjectBANKS
dc.subjectBENEFICIARIES
dc.subjectBUDGET
dc.subjectBUDGET MANAGEMENT
dc.subjectBUDGETING
dc.subjectBUDGETS
dc.subjectBUSINESS CONFIDENCE
dc.subjectBUSINESS NETWORKS
dc.subjectCAPACITY BUILDING
dc.subjectCAPACITY CONSTRAINTS
dc.subjectCAPITAL ALLOCATION
dc.subjectCAPITAL ALLOCATIONS
dc.subjectCAPITAL ASSETS
dc.subjectCAPITAL BUDGETING
dc.subjectCAPITAL BUDGETS
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL PROJECTS
dc.subjectCAPITAL SHORTAGE
dc.subjectCASH FLOW
dc.subjectCASH FLOW ANALYSIS
dc.subjectCASH MANAGEMENT
dc.subjectCENTRAL REGISTRY
dc.subjectCHECK
dc.subjectCOLLECTION SYSTEM
dc.subjectCOLLECTIONS
dc.subjectCONCESSION
dc.subjectCONFLICT OF INTEREST
dc.subjectCONTRACT
dc.subjectCONTRACTS
dc.subjectCONVERSION
dc.subjectCOOPERATION
dc.subjectCORRUPTION
dc.subjectCOST ESTIMATES
dc.subjectCOST OF LIVING
dc.subjectCREDIBILITY
dc.subjectCREDIT CRUNCH
dc.subjectCREDIT-WORTHINESS
dc.subjectCRITERIA
dc.subjectCURRENCY
dc.subjectCURRENCY CRISIS
dc.subjectDEBT
dc.subjectDECENTRALIZATION
dc.subjectDEFICIT
dc.subjectDEFICITS
dc.subjectDEPENDENT
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDISBURSEMENT
dc.subjectDISBURSEMENT OF FUNDS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICY
dc.subjectENABLING ENVIRONMENT
dc.subjectENDOWMENT
dc.subjectENTERPRISE
dc.subjectEQUIPMENT
dc.subjectEQUIPMENTS
dc.subjectESTATE
dc.subjectESTATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFARMERS
dc.subjectFIDUCIARY RESPONSIBILITY
dc.subjectFINANCE
dc.subjectFINANCIAL AFFAIRS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MANAGEMENT SYSTEM
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL RISK
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIERS
dc.subjectFINANCING CONSTRAINT
dc.subjectFISCAL AUTHORITIES
dc.subjectFISCAL BURDEN
dc.subjectFISCAL CONSTRAINT
dc.subjectFISCAL CONSTRAINTS
dc.subjectFISCAL POLICY
dc.subjectFISCAL YEAR
dc.subjectFLOW OF FUNDS
dc.subjectFOREIGN LOANS
dc.subjectFORMAL ECONOMY
dc.subjectFUTURE
dc.subjectGOOD
dc.subjectGOODS
dc.subjectGOVERNANCE
dc.subjectGOVERNMENT ASSET
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT FINANCING
dc.subjectGOVERNMENT FUNDING
dc.subjectGOVERNMENT GRANTS
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectGRACE PERIOD
dc.subjectGUARANTOR
dc.subjectHOUSEHOLDS
dc.subjectHOUSING
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCES
dc.subjectINCOME LEVEL
dc.subjectINDEBTED
dc.subjectINDUSTRY
dc.subjectINFLATION
dc.subjectINFLATIONARY PRESSURE
dc.subjectINFRASTRUCTURE
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINTEREST
dc.subjectINTERESTED PARTIES
dc.subjectINTERNAL AUDIT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINVENTORY
dc.subjectINVESTING
dc.subjectINVESTMENT ALLOCATION
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT PROPOSALS
dc.subjectINVESTOR
dc.subjectINVESTOR CONFIDENCE
dc.subjectINVESTORS
dc.subjectISSUANCE
dc.subjectLABOR
dc.subjectLAND
dc.subjectLAND REFORM
dc.subjectLATE PAYMENTS
dc.subjectLAWS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATIVE FRAMEWORK
dc.subjectLEVERAGE
dc.subjectLIABILITIES
dc.subjectLIABILITY
dc.subjectLINES OF CREDIT
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CRISIS
dc.subjectLIQUIDITY PROBLEM
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectLONG-TERM CAPITAL
dc.subjectMACRO-STABILITY
dc.subjectMACROECONOMIC POLICIES
dc.subjectMANDATE
dc.subjectMANDATES
dc.subjectMDAS
dc.subjectMIDDLEMEN
dc.subjectMORTALITY RATE
dc.subjectMUTUAL FUNDS
dc.subjectNATIONAL BUDGET
dc.subjectNATURAL RESOURCES
dc.subjectOPTIONS
dc.subjectPAYMENTS
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPEOPLE
dc.subjectPLEDGE
dc.subjectPOLICY ENVIRONMENT
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL RISK
dc.subjectPOOL OF FUND
dc.subjectPOOL OF FUNDS
dc.subjectPOOR CREDIT
dc.subjectPORTFOLIO
dc.subjectPOST-CRISIS PERIOD
dc.subjectPOTENTIAL INVESTOR
dc.subjectPOVERTY
dc.subjectPRICING
dc.subjectPRINCIPAL
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTORS
dc.subjectPROCUREMENT
dc.subjectPROCUREMENT PROCEDURES
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC-PRIVATE PARTNERSHIP
dc.subjectPUBLIC-PRIVATE PARTNERSHIPS
dc.subjectRECESSION
dc.subjectRECURRENT EXPENDITURE
dc.subjectRECURRENT EXPENDITURES
dc.subjectREFORM MEASURES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREMEDY
dc.subjectRENEGOTIATION
dc.subjectREPAYMENT
dc.subjectREPAYMENT PERIOD
dc.subjectRESERVE
dc.subjectRESERVE BANK
dc.subjectRESTORATION
dc.subjectRESTRUCTURING
dc.subjectREVENUE
dc.subjectREVENUES
dc.subjectSECURITY
dc.subjectSHADOW ECONOMY
dc.subjectSHARE
dc.subjectSINKING FUND
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL SERVICES
dc.subjectSOCIAL WELFARE
dc.subjectSTOCK
dc.subjectSTRATEGIES
dc.subjectSTRUCTURAL PROBLEMS
dc.subjectSUBSIDIES
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX COLLECTION
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNICAL SUPPORT
dc.subjectTRANSACTIONS
dc.subjectTRANSFERS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTREASURY
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectTURNOVER
dc.subjectUNEMPLOYMENT
dc.subjectURBAN DEVELOPMENT
dc.subjectUSER FEES
dc.subjectVALUATION
dc.subjectVALUE
dc.subjectVILLAGE
dc.subjectWAGES
dc.subjectWELFARE
dc.subjectWITHDRAWAL
dc.subjectWORKING CAPITAL
dc.titleZimbabwe Public Investment Management Efficiency Reviewen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleZimbabwe Public Investment Management Efficiency Review
okr.date.disclosure2012-06-26
okr.date.doiregistration2025-05-07T10:09:58.125751Z
okr.doctypeEconomic & Sector Work::Public Investment Review
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/560421468179933495/Zimbabwe-Public-investment-management-efficiency-review
okr.guid560421468179933495
okr.identifier.externaldocumentum000356161_20131030104119
okr.identifier.internaldocumentum18456134
okr.identifier.report69610-ZW
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/560421468179933495/pdf/696100WP0P12910ox0379860B00PUBLIC0.pdfen
okr.region.administrativeAfrica
okr.region.countryZimbabwe
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Financial Regulation & Supervision
okr.topicGovernance::Governance and the Financial Sector
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicPublic Sector Development::Public Sector Expenditure Policy
okr.unitPublic Sector Reform and Governance Unit (AFTPR)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
696100WP0P12910ox0379860B00PUBLIC0.pdf
Size:
858 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
696100WP0P12910ox0379860B00PUBLIC0.txt
Size:
160.57 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Public Investment Review