Publication:
Belarus Public Expenditure Review : Fiscal Reforms for a Sustainable Economic Recovery

dc.contributor.authorWorld Bank
dc.date.accessioned2012-03-19T10:13:35Z
dc.date.available2012-03-19T10:13:35Z
dc.date.issued2011-08-15
dc.description.abstractBelarus faces significant fiscal challenges, stemming from the structural features of its economic model. As of mid-2011, under a severe exchange rate and balance of payments crisis, the Government needs to pursue a carefully sequenced strategy of macroeconomic adjustment coupled with a strong program of structural reforms. This programmatic Public Expenditure Review (PER) fiscal policy options to simultaneously tackle the need for fiscal consolidation as well as the structural challenges with significant fiscal linkages. The options for fiscal reform proposed in this report are estimated to generate average net fiscal savings of 3.9 percent of Gross Domestic product (GDP) annually over the medium term. Given the implied structural changes in the expenditure program, the fiscal impact of these reforms extends beyond the four year projection period.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20111031002336
dc.identifier.doi10.1596/2790
dc.identifier.urihttps://hdl.handle.net/10986/2790
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY OF PUBLIC SPENDING
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE CONTROLS
dc.subjectALLOCATION
dc.subjectALLOCATION OF CAPITAL
dc.subjectANNUAL COST
dc.subjectAUTOMATIC STABILIZERS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBALANCE OF PAYMENTS CRISIS
dc.subjectBASELINE SCENARIO
dc.subjectBENEFICIARIES
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUDGET CREDIBILITY
dc.subjectBUDGET DEFICIT
dc.subjectBUDGET DEFICITS
dc.subjectBUDGET DOES
dc.subjectBUDGET EXECUTION
dc.subjectBUDGET MANAGEMENT
dc.subjectBUDGET POLICY
dc.subjectBUDGET PROCESS
dc.subjectBUDGET RESOURCES
dc.subjectBUDGET STRUCTURE
dc.subjectBUDGETARY EXPENDITURES
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL MARKETS
dc.subjectCASH BALANCES
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL ENTERPRISE
dc.subjectCOMPOSITION OF EXPENDITURES
dc.subjectCONTINGENT LIABILITIES
dc.subjectCORPORATE INCOME TAX
dc.subjectCOST OF GOVERNMENT
dc.subjectCOST RECOVERY
dc.subjectCREDIT POLICY
dc.subjectCURRENCY DEVALUATION
dc.subjectCYCLICAL POLICY
dc.subjectDEBT
dc.subjectDEBT SERVICE
dc.subjectDOMESTIC DEMAND
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC DOWNTURN
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC RECOVERY
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE GUARANTEES
dc.subjectEXCHANGE RATES
dc.subjectEXCHANGE RESERVES
dc.subjectEXPENDITURE CUTS
dc.subjectEXPENDITURE GROWTH
dc.subjectEXPENDITURE LEVEL
dc.subjectEXPENDITURE PROGRAM
dc.subjectEXPENDITURE PROGRAMS
dc.subjectEXPENDITURE RATIONALIZATION
dc.subjectEXTERNAL BALANCE
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL FINANCING
dc.subjectEXTERNAL IMBALANCES
dc.subjectEXTRA BUDGETARY FUNDS
dc.subjectFINANCE MINISTRY
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL STATISTICS
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL ACTIVITIES
dc.subjectFISCAL AUSTERITY
dc.subjectFISCAL BALANCE
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL COST
dc.subjectFISCAL COSTS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL FRAMEWORK
dc.subjectFISCAL IMBALANCES
dc.subjectFISCAL IMPACT
dc.subjectFISCAL INFORMATION
dc.subjectFISCAL OPERATIONS
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFISCAL POSITION
dc.subjectFISCAL PRESSURE
dc.subjectFISCAL PRESSURES
dc.subjectFISCAL REFORM
dc.subjectFISCAL REFORMS
dc.subjectFISCAL RETRENCHMENT
dc.subjectFISCAL RISKS
dc.subjectFISCAL SAVINGS
dc.subjectFISCAL SIDE
dc.subjectFISCAL STABILITY
dc.subjectFISCAL STANCE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFISCAL TRANSPARENCY
dc.subjectFOREIGN BORROWING
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN LOANS
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT GUARANTEES
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME REDISTRIBUTION
dc.subjectINCOME SUPPORT PROGRAMS
dc.subjectINCOME TAXES
dc.subjectINFLATION
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE SUBSIDIES
dc.subjectINTEREST RATES
dc.subjectLOCAL GOVERNMENT BUDGETS
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMACROECONOMIC INDICATORS
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMARGINAL RATE
dc.subjectMARKET PRICES
dc.subjectMEDICAL TREATMENT
dc.subjectMEDIUM TERM EXPENDITURE
dc.subjectMEDIUM TERM EXPENDITURE FRAMEWORK
dc.subjectMINISTRY OF ECONOMY
dc.subjectMINISTRY OF FINANCE
dc.subjectMONETARY AUTHORITIES
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectNATIONAL BANK
dc.subjectNATIONAL STATISTICS
dc.subjectNET LENDING
dc.subjectOIL PRODUCTS
dc.subjectOLD-AGE
dc.subjectOPERATING EXPENDITURES
dc.subjectPAYROLL TAX
dc.subjectPAYROLL TAXES
dc.subjectPENSION FUND
dc.subjectPENSION REFORM
dc.subjectPERFORMANCE INDEX
dc.subjectPERSONAL INCOME
dc.subjectPERSONAL INCOME TAX
dc.subjectPERSONAL INCOME TAX RATE
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE INDEX
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCER SUBSIDIES
dc.subjectPROGRAM BUDGETING
dc.subjectPROGRAMS
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEW
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENT SPENDING
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC PROCUREMENT
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC TRANSPORTATION
dc.subjectREFORM AGENDA
dc.subjectREFORM EFFORTS
dc.subjectRESOURCE ALLOCATION
dc.subjectREVENUE GROWTH
dc.subjectSALES TAX
dc.subjectSERVICE PROVISION
dc.subjectSOCIAL ASSISTANCE
dc.subjectSOCIAL EXPENDITURES
dc.subjectSOCIAL OUTCOMES
dc.subjectSOCIAL POLICIES
dc.subjectSOCIAL POLICY
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL SECURITY CONTRIBUTIONS
dc.subjectSOCIAL SERVICES
dc.subjectSOCIAL WELFARE
dc.subjectSTATE BUDGET
dc.subjectSTRATEGIC ALLOCATION
dc.subjectSTRUCTURAL DEFICIT
dc.subjectSTRUCTURAL REFORM
dc.subjectSTRUCTURAL REFORMS
dc.subjectTAX BASE
dc.subjectTAX BASES
dc.subjectTAX BURDEN
dc.subjectTAX COLLECTION
dc.subjectTAX COLLECTIONS
dc.subjectTAX CONCESSIONS
dc.subjectTAX EXEMPTIONS
dc.subjectTAX EXPENDITURES
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTOTAL PUBLIC SPENDING
dc.subjectTOTAL SPENDING
dc.subjectTRANSITION ECONOMIES
dc.subjectUNCERTAINTY
dc.subjectWAGE EXPENDITURES
dc.subjectWAGE INCOME
dc.subjectWAGE POLICY
dc.subjectWELFARE PROGRAMS
dc.titleBelarus Public Expenditure Review : Fiscal Reforms for a Sustainable Economic Recoveryen
dspace.entity.typePublication
okr.date.disclosure2011-10-31
okr.date.doiregistration2025-05-07T11:26:35.013489Z
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20111031002336
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid383241468206688585
okr.guid652481468200650760
okr.identifier.externaldocumentum000356161_20111031002336
okr.identifier.internaldocumentum15404017
okr.identifier.report63566
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/10/31/000356161_20111031002336/Rendered/PDF/635660ESW0whit0C00REV0ENG0LQ0111011.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryBelarus
okr.region.geographicalEurope
okr.region.geographicalEastern Europe
okr.region.geographicalCommonwealth of Independent States
okr.sectorGeneral water
okr.sectorsanitation and flood protection sector
okr.sectorGeneral public administration sector
okr.sectorEnergy efficiency in power sector
okr.sectorCompulsory pension and unemployment insurance
okr.sectorWater
okr.sectorWater, sanitation and flood protection
okr.sectorEnergy and mining
okr.sectorPublic Administration
okr.sectorLaw
okr.sectorPublic Administration, Law, and Justice
okr.topicPublic Sector Expenditure Policy
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicPublic Sector Development
okr.unitPoverty Reduction/Econ Mngmt (ECSPE)
okr.volume1 of 1
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