Publication:
Guinea Public Expenditure Review: Investing in Human Capital to Protect the Future

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-01-08T22:39:06Z
dc.date.available2023-01-08T22:39:06Z
dc.date.issued2021
dc.description.abstractDespite a recent track record of sustained growth, large natural resource endowments, and macroeconomic stability, Guinea remains one of the poorest countries in the world. Mining production has boomed in recent years, but the economy remains undiversified and investment to close the country’s human capital gaps will be critical to unleashing growth and reducing poverty sustainably. Although Guinea’s response to Coronavirus (COVID-19) has been strong, based on lessons learned from the recent Ebola outbreak, the pandemic has exposed the lack of a social safety net and has had a negative impact on tax collection and fiscal buffers. The government now faces the challenge of addressing the pressing need for human capital investment while also preserving fiscal and debt sustainability. Making spending more efficient could help address Guinea’s human capital challenges. Guinea’s Human Capital Index (HCI) is below what would be expected for its income level, while rapid population growth is putting pressure on the provision of education and health services. The lack of fiscal space has narrowed its scope to increase education and health spending to reach regional and international norms. Without reforms, tax revenues are unlikely to increase enough to finance the country’s large social and infrastructure needs. In the current context of weak tax revenues, increasing the efficiency (allocative and technical) of spending will therefore be key to improving health and education outcomes. This Public Expenditure Review (PER) therefore aims to examine the efficiency and effectiveness of Guinea’s public expenditure on health and education, as well as its domestic revenue mobilizationen
dc.identifierhttp://documents.worldbank.org/curated/en/099345011282287840/P1748340b33a33091093bb05afea9e97182
dc.identifier.doi10.1596/38385
dc.identifier.urihttps://hdl.handle.net/10986/38385
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleGuinea Public Expenditure Reviewen
dc.title.subtitleInvesting in Human Capital to Protect the Futureen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2022-11-28
okr.date.doiregistration2025-05-07T08:43:48.117242Z
okr.date.lastmodified2022-11-28T00:00:00Zen
okr.doctypePublic Expenditure Review
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099345011282287840/P1748340b33a33091093bb05afea9e97182
okr.guid099000011292275521
okr.guid099345011282287840
okr.identifier.externaldocumentumP174834-b33a33fc-e80f-4f91-93bb-5afea9e97182
okr.identifier.internaldocumentum33945434
okr.identifier.report178074
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099345011282287840/pdf/P1748340b33a33091093bb05afea9e97182.pdfen
okr.region.administrativeAfrica Western and Central (AFW)
okr.region.administrativeAfrica
okr.region.countryGuinea
okr.region.geographicalWest Africa
okr.unitEFI-AFR2-MTI-MacroFiscal-1 (EAWM1)
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