Publication: Zimbabwe Public Expenditure Review 2017: Volume 3. State Enterprises and Parastatals
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2017
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2017-07-19
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Zimbabwe is at a critical juncture. After dollarization and favorable economic factors fueled arecovery during 2009-12, Zimbabwe today faces slowing growth, a financial crisis, increasingly erratic weather patterns and rising poverty and inequality. To help respond to these issues, the Government of Zimbabwe (GoZ) has sought to examine and ultimately better manage its public expenditures, with a view to ensuring public spending is effective, efficient, equitable, and well-targeted to the needs of its changing population, especially the poor.
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“Government of Zimbabwe; World Bank. 2017. Zimbabwe Public Expenditure Review 2017: Volume 3. State Enterprises and Parastatals. © World Bank. http://hdl.handle.net/10986/27651 License: CC BY 3.0 IGO.”
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Publication Zimbabwe Public Expenditure Review 2017(World Bank, Washington, DC, 2017)Zimbabwe is at a critical juncture. After dollarization and favorable economic factors fueled arecovery during 2009-12, Zimbabwe today faces slowing growth, a financial crisis, increasingly erratic weather patterns and rising poverty and inequality. To help respond to these issues, the Government of Zimbabwe (GoZ) has sought to examine and ultimately better manage its public expenditures, with a view to ensuring public spending is effective, efficient, equitable, and well-targeted to the needs of its changing population, especially the poor.Publication Zimbabwe Public Expenditure Review 2017(World Bank, Washington, DC, 2017)Zimbabwe is at a critical juncture. After dollarization and favorable economic factors fueled arecovery during 2009-12, Zimbabwe today faces slowing growth, a financial crisis, increasingly erratic weather patterns and rising poverty and inequality. To help respond to these issues, the Government of Zimbabwe (GoZ) has sought to examine and ultimately better manage its public expenditures, with a view to ensuring public spending is effective, efficient, equitable, and well-targeted to the needs of its changing population, especially the poor.Publication Zimbabwe Public Expenditure Review 2017(World Bank, Washington, DC, 2017)Zimbabwe is at a critical juncture. After dollarization and favorable economic factors fueled arecovery during 2009-12, Zimbabwe today faces slowing growth, a financial crisis, increasingly erratic weather patterns and rising poverty and inequality. To help respond to these issues, the Government of Zimbabwe (GoZ) has sought to examine and ultimately better manage its public expenditures, with a view to ensuring public spending is effective, efficient, equitable, and well-targeted to the needs of its changing population, especially the poor.Publication Bangladesh : Public Expenditure Review(Washington, DC, 2003-05-25)This public expediture review analyzes the state of public expenditure in Bangladesh, particularly their adequacy and appropriateness relative to the Government's broad economic and social goals. It aims to contribute to the Government's overall growth and poverty reduction efforts by offering suggestions about the efficient use of public resources and fiscally sustainable improvements in public services. The findings and detailed recommendations of this report, summarized below, have been organized around six issues: 1) restoring fiscal sustainability; 2) reducing the role of state-owned enterprises and strengthening their governance framework; 3) strengthening Annual Development Program spending; 4) strengthening public expenditure managmement; 5) enhancing the pro-poor bias of public spending; and 6) expanding the involvement of the private sector and improving the role of government.Publication Bulgaria - Public Expenditure Issues and Directions for Reform : A Public Expenditure and Institutional Review(2002-08-31)A long period of economic mismanagement and political instability in the early 1990s, delayed Bulgaria's transition from planned, to market economy by nearly a decade, leading to the collapse of Bulgaria's economy in 1996-97. The introduction of a Currency Board Arrangement (CBA) in July 1997 and the subsequent implementation of sound macroeconomic and structural policies succeeded in restoring growth, abating inflation and improving public and investors confidence. The CBA has been underpinned by a conservative fiscal policy and a sharp acceleration of structural reforms. Budgetary institutions and processes were overhauled to enhance transparency and ensure fiscal discipline. The wide-ranging structural reforms program encompassed liberalization in agriculture, energy, privatization in the enterprise sector, as well as reform of the social sector. First generation reforms, including price and trade liberalization, have largely been implemented and the privatization/liquidation program has to a large extent eliminated the value-subtracting activities. Dominating the country's reform agenda are now the second-generation reforms, to complete the transition from planned, to market, in particular reforms to establish the institutional foundations. Part I reviews overall public expenditure level, and discusses the sustainability of fiscal policy taking into account revenues and expenditure prospects, debt and growth targets. A fiscal sustainability analysis was performed with the participation of Bulgarian counterparts, to integrate fiscal sustainability simulations into the standard macro-economic analysis underpinning annual budgets. Functional and economic analysis of expenditure highlights issues of trade-offs, and priorities across expenditure categories. Building on the previous section, Part II assesses the fiscal impact of structural reforms in health, education, social protection, energy and transport, and, deepens the dialogue on policy reforms, highlighting the fiscal implications of alternative options as well as their social impact. Assessment of poverty within public expenditures is based on the results of the poverty update.
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