Publication: Republic of Burundi - Public Expenditure Management and Financial Accountability Review (PEMFAR) : Improving Allocative Efficiency and Governance of Public Expenditure and Investing in Public Capital to Accelerate Growth and Reduce Poverty
Date
2008-06
ISSN
Published
2008-06
Author(s)
World Bank
Abstract
This report addresses key issues on
macroeconomic stability, efficient allocation of public
expenditures, public sector staffing, and public finance
management. The fiscal sustainability analysis carried out
for this report indicates that serious adjustments will be
needed to improve Burundi's fiscal stance; reforms that
are complicated by the challenges of rebuilding the
country's social and physical infrastructure after
years of conflict. The report also examines the measures
necessary to establish a sound public expenditure management
system aimed at promoting fiscal discipline and the
efficient and effective operational performance of the
public sector to ensure appropriate allocation of resources
based on agreed strategic priorities, with particular
attention to key economic and social sectors (education,
health, and infrastructure). The report also identifies
constraints to effective implementation of Public Finance
Management (PFM) reforms and defines the elements of a short
and medium-term action plan to overcome these constraints.
The action plan matrix, prepared in close cooperation with
relevant Government departments and other stakeholders
operating in Burundi, proposes a set of concrete
recommendations for public spending reallocations and
priority reform measures.
Citation
“World Bank. 2008. Republic of Burundi - Public Expenditure Management and Financial Accountability Review (PEMFAR) : Improving Allocative Efficiency and Governance of Public Expenditure and Investing in Public Capital to Accelerate Growth and Reduce Poverty. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/f13f8a2b-8d9c-565e-9e36-48f74aec9904 License: CC BY 3.0 IGO.”