Publication:
El Salvador - Public Expenditure Review : Enhancing the Efficiency and Targeting of Expenditures, Volume 1. Main Report

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-02-15T18:51:17Z
dc.date.available2013-02-15T18:51:17Z
dc.date.issued2010-11
dc.description.abstractThis Public Expenditure Review (PER), produced jointly by the World Bank and the Inter-American Development Bank (IADB), is an in-depth economic and sector report on El Salvador. The study builds on the analysis and recommendations of the PER delivered in 2004 that concluded that El Salvador faced the dual challenge of addressing deteriorating fiscal trends while financing key investments required to accelerate growth and meet pressing social needs. This report is intended to provide the government with practical and useful near-and medium-term recommendations that will support the country's efforts to ensure sustainable fiscal balances and establish effective and transparent mechanisms to allocate public resources to promote broad-based economic growth, improve social indicators, and reduce poverty. Hence, the government knows that El Salvador is faced with two fiscal challenges that will have great influence on the economic performance over the coming years. The first is the need to improve the fiscal balance, by strengthening revenue and reducing expenditure, to ensure medium-term sustainability. The second is the need to finance priority investments required to accelerate growth, reduce unemployment, and cover basic social needs. Meeting both challenges simultaneously will require great skill, given the still fragmented political environment and the difficulties in creating a consensus on future policies. The country needs to strengthen its fiscal stance because not doing so jeopardizes the medium-term macroeconomic framework, and exposes the country to greater vulnerability in the face of external shocks and contingent liabilities.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/11/16242844/el-salvador-enhancing-efficiency-targeting-expenditures-public-expenditure-review-vol-1-2-main-report
dc.identifier.doi10.1596/12372
dc.identifier.urihttps://hdl.handle.net/10986/12372
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.relation.ispartofseriesPublic expenditure review (PER);
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectARREARS
dc.subjectAUCTIONS
dc.subjectBALANCE SHEET
dc.subjectBANK ACCOUNT
dc.subjectBANKING LAW
dc.subjectBASELINE SCENARIO
dc.subjectBENEFICIARIES
dc.subjectBENEFICIARY
dc.subjectBOND INDEX
dc.subjectBONDS
dc.subjectBUDGET FRAMEWORK
dc.subjectBUDGET PROCESS
dc.subjectBUDGETARY PROCESS
dc.subjectCAPITAL GAINS
dc.subjectCAPITALIZATION
dc.subjectCASH TRANSFER
dc.subjectCENTRAL BANK
dc.subjectCENTRAL GOVERNMENT DEBT
dc.subjectCOMPETITIVE MARKET
dc.subjectCONTINGENT LIABILITIES
dc.subjectCONTINGENT LIABILITY
dc.subjectCURRENCY
dc.subjectCURRENCY COMPOSITION
dc.subjectCUSTODY
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBT INSTRUMENTS
dc.subjectDEBT ISSUES
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT MANAGEMENT POLICY
dc.subjectDEBT MARKET DEVELOPMENT
dc.subjectDEBT RATIO
dc.subjectDEBT SERVICE
dc.subjectDEBT SERVICING
dc.subjectDEBT SUSTAINABILITY
dc.subjectDEGREE OF TRANSPARENCY
dc.subjectDEPOSIT
dc.subjectDEVELOPMENT BANK
dc.subjectDOMESTIC CAPITAL
dc.subjectDOMESTIC CAPITAL MARKET
dc.subjectDOMESTIC DEBT
dc.subjectDOMESTIC DEBT MARKET
dc.subjectDOMESTIC DEBT MARKETS
dc.subjectDOMESTIC MARKET
dc.subjectDOUBLE TAXATION
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC SHOCKS
dc.subjectEFFICIENCY OF GOVERNMENT SPENDING
dc.subjectEMERGING MARKETS
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORTERS
dc.subjectEXTERNAL AUDIT
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL PORTFOLIO
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL STRUCTURES
dc.subjectFISCAL BURDEN
dc.subjectFISCAL DEBT
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL EFFORT
dc.subjectFISCAL POLICY
dc.subjectFISCAL REFORM
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFIXED CAPITAL
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN LOANS
dc.subjectFUNGIBLE
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BOND MARKET
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT FINANCES
dc.subjectGOVERNMENT INVOLVEMENT
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHOLDING
dc.subjectHUMAN RESOURCES
dc.subjectIMMUNIZATION
dc.subjectIMPLICIT SUBSIDIES
dc.subjectIMPLICIT SUBSIDY
dc.subjectINCOME TAX
dc.subjectINFLATION
dc.subjectINFORMATION SYSTEM
dc.subjectINFORMATION SYSTEMS
dc.subjectINSURANCE
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCIAL CRISIS
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT FUND
dc.subjectINVESTMENT POLICIES
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT REGULATIONS
dc.subjectINVESTMENT SPENDING
dc.subjectINVESTOR BASE
dc.subjectJUDICIAL ENFORCEMENT
dc.subjectLABOR MARKET
dc.subjectLACK OF TRANSPARENCY
dc.subjectLEGAL PROVISIONS
dc.subjectLIABILITY MANAGEMENT
dc.subjectLIQUIDITY
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOCAL MARKET
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC VARIABLES
dc.subjectMARKET DEBT
dc.subjectMARKET INFRASTRUCTURE
dc.subjectMARKET PRICE
dc.subjectMARKET TRANSACTIONS
dc.subjectMATURITIES
dc.subjectMATURITY
dc.subjectMATURITY STRUCTURE
dc.subjectMEDIUM-TERM MACROECONOMIC FRAMEWORK
dc.subjectMEDIUM-TERM PLAN
dc.subjectMEDIUM-TERM SECURITIES
dc.subjectMICROFINANCE
dc.subjectMINISTRY OF FINANCE
dc.subjectMONETARY FUND
dc.subjectMONEY MARKET
dc.subjectMONEY MARKETS
dc.subjectMUTUAL FUNDS
dc.subjectOIL PRICES
dc.subjectOLD-AGE PENSION
dc.subjectPENSION
dc.subjectPENSION FUND
dc.subjectPENSION FUND INVESTMENTS
dc.subjectPENSION FUNDS
dc.subjectPENSION LIABILITIES
dc.subjectPENSION SYSTEM
dc.subjectPENSION SYSTEMS
dc.subjectPENSIONS
dc.subjectPERSONAL INCOME
dc.subjectPERSONAL INCOME TAX
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL UNCERTAINTIES
dc.subjectPORTFOLIO
dc.subjectPORTFOLIOS
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY-REDUCING IMPACT
dc.subjectPRICE VOLATILITY
dc.subjectPRIMARY MARKET
dc.subjectPROFIT MARGINS
dc.subjectPROGRAMS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEBT MANAGEMENT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEW
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR DEBT
dc.subjectPUBLIC SPENDING
dc.subjectRATE OF RETURN
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATE
dc.subjectREFORM AGENDA
dc.subjectREFORM EFFORTS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREMITTANCES
dc.subjectREPOS
dc.subjectRESERVE
dc.subjectRESERVE BANK
dc.subjectRETURNS
dc.subjectREVENUE INCREASES
dc.subjectSAVINGS ACCOUNT
dc.subjectSAVINGS ACCOUNTS
dc.subjectSECONDARY DEBT
dc.subjectSECONDARY DEBT MARKET
dc.subjectSECONDARY MARKET
dc.subjectSECONDARY MARKET DEVELOPMENT
dc.subjectSECURITIES
dc.subjectSERVICE DELIVERY
dc.subjectSETTLEMENT
dc.subjectSETTLEMENT INFRASTRUCTURE
dc.subjectSHORT TERM DEBT
dc.subjectSOCIAL SERVICE
dc.subjectSOCIAL SERVICES
dc.subjectSTATE GUARANTEE
dc.subjectSTOCK EXCHANGE
dc.subjectSTRATEGIC PRIORITIES
dc.subjectSUSTAINABILITY ANALYSIS
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX BASE
dc.subjectTAX CODE
dc.subjectTAX COLLECTION
dc.subjectTAX DEDUCTIONS
dc.subjectTAX EXEMPTION
dc.subjectTAX EXEMPTIONS
dc.subjectTAX EXPENDITURES
dc.subjectTAX POLICY
dc.subjectTAX RATES
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTAXPAYERS
dc.subjectTIGHT FISCAL POSITION
dc.subjectTOTAL EXPENDITURES
dc.subjectTOTAL PUBLIC SECTOR
dc.subjectTOTAL SPENDING
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTREASURY BILLS
dc.subjectTREASURY CREDIT
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectWITHDRAWAL
dc.titleEl Salvador - Public Expenditure Review : Enhancing the Efficiency and Targeting of Expenditures, Volume 1. Main Reporten
dspace.entity.typePublication
okr.date.disclosure2012-04-25
okr.date.doiregistration2025-05-07T10:22:30.772023Z
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2010/11/16242844/el-salvador-enhancing-efficiency-targeting-expenditures-public-expenditure-review-vol-1-2-main-report
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid343341468233692825
okr.guid190121468037465986
okr.identifier.externaldocumentum000356161_20120426003236
okr.identifier.internaldocumentum16242844
okr.identifier.report53500
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/04/26/000356161_20120426003236/Rendered/PDF/535000ESW0v10P000November030002010.pdfen
okr.region.administrativeLatin America and Caribbean
okr.region.countryEl Salvador
okr.sectorHealth and other social services :: Health
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.sectorFinance :: General finance sector
okr.sectorEducation :: General education sector
okr.sectorPublic Administration, Law, and Justice :: Central government administration
okr.topicPublic Sector Economics
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Expenditure Policy
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicPublic Sector Development
okr.unitEconomic Policy Sector (LCSPE)
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