Liberia Public Expenditure Review : Options for Fiscal Space Enlargement

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collection.link.9
https://openknowledge.worldbank.org/handle/10986/2109
collection.name.9
Public Expenditure Review
dc.contributor.author
World Bank
dc.date.accessioned
2014-01-31T20:23:11Z
dc.date.available
2014-01-31T20:23:11Z
dc.date.issued
2013-05
dc.date.lastModified
2017-12-14T08:55:47Z
dc.description.abstract
Liberia's post-conflict reconstruction and rehabilitation has been successful. Peace, stability and security gradually returned and provided an enabling environment for the rebuilding of this war-torn country. Over the next five years (2013-2017), the Bank will focus on building infrastructure (energy and transport), increasing youth employment opportunities, strengthening human development and sustaining peace and security. This note considers how to increase Liberia s fiscal space by examining four options: 1) improving the efficiency of public expenditure, 2) increasing external grants, 3) increasing domestic revenue, and 4) increasing borrowing (domestic and/or external). While any increase in fiscal space gained from the first two options will not impose a burden in terms of debt or tax on the economy, the latter two will impose such burdens. In its examination of public expenditure by economic classification, this note finds that fiscal space in Liberia can be created by further improving the technical efficiency of current expenditure (wages and salaries, goods and services and transfers to state owned enterprises). However, the size of the fiscal space gained from these measures is difficult to pinpoint.
en
dc.identifier
http://documents.worldbank.org/curated/en/2013/05/18453783/liberia-public-expenditure-review-options-fiscal-space-enlargement
dc.identifier.uri
http://hdl.handle.net/10986/16779
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCOUNTING
dc.subject
AIR
dc.subject
AIR TICKETS
dc.subject
AIR TRANSPORT
dc.subject
AIRPORT
dc.subject
AIRPORT AUTHORITY
dc.subject
AIRPORTS
dc.subject
ALLOCATION
dc.subject
BAGGAGE
dc.subject
BALANCE OF PAYMENTS
dc.subject
BALANCE SHEETS
dc.subject
BASIC SOCIAL SERVICES
dc.subject
BOTTLENECKS
dc.subject
BUDGET
dc.subject
BUDGET DOCUMENTS
dc.subject
BUDGET EXECUTION
dc.subject
BUDGET REPORT
dc.subject
BUDGET SUPPORT
dc.subject
BUDGET TRANSFERS
dc.subject
BUDGETARY IMPACTS
dc.subject
BUDGETS
dc.subject
BUS
dc.subject
CAPITAL BUDGET
dc.subject
CAPITAL EXPENDITURE
dc.subject
CAPITAL INVESTMENT
dc.subject
CAPITAL INVESTMENTS
dc.subject
CAPITAL SPENDING
dc.subject
CAR
dc.subject
CAR OWNERSHIP
dc.subject
CARS
dc.subject
CASH BALANCE
dc.subject
CIVIL SERVANTS
dc.subject
CIVIL SERVICE
dc.subject
CIVIL SERVICE AGENCY
dc.subject
COMMODITY PRICES
dc.subject
COMPOSITION OF PUBLIC SPENDING
dc.subject
COST EFFECTIVENESS
dc.subject
COST RECOVERY
dc.subject
COST-BENEFIT ANALYSIS
dc.subject
CREDIT FACILITY
dc.subject
DEBT
dc.subject
DEBT MANAGEMENT
dc.subject
DEBT RELIEF
dc.subject
DEBT SUSTAINABILITY
dc.subject
DIESEL
dc.subject
DOMESTIC BORROWING
dc.subject
DOMESTIC DEMAND
dc.subject
DOMESTIC REVENUE
dc.subject
DOMESTIC TAX
dc.subject
DOMESTIC TRAVEL
dc.subject
DONOR COORDINATION
dc.subject
DRIVERS
dc.subject
ECONOMIC CLASSIFICATION
dc.subject
ECONOMIC DOWNTURN
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC STABILIZATION
dc.subject
EDUCATION SERVICES
dc.subject
EFFICIENCY OF EXPENDITURE
dc.subject
EFFICIENCY OF PUBLIC SPENDING
dc.subject
ENTITLEMENTS
dc.subject
EXCHANGE RATE
dc.subject
EXPENDITURE CUTS
dc.subject
EXPENDITURE POLICIES
dc.subject
EXPENDITURE POLICY
dc.subject
EXPENDITURE PROGRAMS
dc.subject
EXPENDITURES
dc.subject
EXTERNAL BORROWING
dc.subject
EXTERNAL DEBT
dc.subject
EXTERNAL GRANTS
dc.subject
FINANCIAL MANAGEMENT
dc.subject
FINANCIAL MANAGEMENT INFORMATION
dc.subject
FINANCIAL MANAGEMENT INFORMATION SYSTEM
dc.subject
FINANCIAL MARKET
dc.subject
FINANCIAL SECTOR
dc.subject
FINANCIAL STATISTICS
dc.subject
FISCAL BALANCE
dc.subject
FISCAL DEFICIT
dc.subject
FISCAL POLICY
dc.subject
FISCAL SUSTAINABILITY
dc.subject
FISCAL TRANSFERS
dc.subject
FISCAL YEAR
dc.subject
FLEET MANAGEMENT
dc.subject
FLEETS
dc.subject
FOREIGN BORROWING
dc.subject
FOREIGN CURRENCY
dc.subject
FOREIGN DEBT
dc.subject
FOREIGN GRANTS
dc.subject
FOREIGN RESERVES
dc.subject
FUEL
dc.subject
FUEL CONSUMPTION
dc.subject
FUEL PRICES
dc.subject
GASOLINE
dc.subject
GOVERNMENT REVENUE
dc.subject
GOVERNMENT REVENUES
dc.subject
GRANTS
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
HEALTH WORKERS
dc.subject
HIGH TRANSPORT
dc.subject
INCOME DISTRIBUTION
dc.subject
INCOME TAX
dc.subject
INFLATION
dc.subject
INFLATIONARY PRESSURES
dc.subject
INFRASTRUCTURE
dc.subject
INFRASTRUCTURE INVESTMENT
dc.subject
INFRASTRUCTURE PROJECTS
dc.subject
INFRASTRUCTURE SERVICES
dc.subject
INITIATIVES
dc.subject
INTEREST PAYMENTS
dc.subject
INVESTMENTS
dc.subject
MACRO INDICATORS
dc.subject
MACROECONOMIC FRAMEWORK
dc.subject
MACROECONOMIC INDICATORS
dc.subject
MACROECONOMIC MANAGEMENT
dc.subject
MACROECONOMIC POLICIES
dc.subject
MACROECONOMIC PROJECTIONS
dc.subject
MACROECONOMIC SITUATION
dc.subject
MACROECONOMIC STABILITY
dc.subject
MARGINAL EFFECTS
dc.subject
MEDIUM-TERM DEVELOPMENT
dc.subject
MEDIUM-TERM EXPENDITURE
dc.subject
MEDIUM-TERM EXPENDITURE FRAMEWORK
dc.subject
MEMBER COUNTRIES
dc.subject
MID-TERM REVIEW
dc.subject
MINISTRY OF FINANCE
dc.subject
MOBILITY
dc.subject
MONETARY POLICY
dc.subject
MULTILATERAL DONORS
dc.subject
NATIONAL PRIORITIES
dc.subject
NATURAL RESOURCES
dc.subject
NET LENDING
dc.subject
NET PRESENT VALUE
dc.subject
ODOMETER
dc.subject
OIL PRICES
dc.subject
OPPORTUNITY COST
dc.subject
OUTCOMES
dc.subject
PENSIONERS
dc.subject
PERFORMANCE BUDGET
dc.subject
POLICE
dc.subject
POLICIES
dc.subject
POVERTY REDUCTION
dc.subject
POVERTY REDUCTION STRATEGY
dc.subject
PRICE CHANGES
dc.subject
PRIORITIES OF GOVERNMENT
dc.subject
PRIVATE CONSUMPTION
dc.subject
PRIVATE SECTOR
dc.subject
PROGRAMS
dc.subject
PUBLIC ADMINISTRATION
dc.subject
PUBLIC BORROWING
dc.subject
PUBLIC DEBT
dc.subject
PUBLIC EXPENDITURE
dc.subject
PUBLIC EXPENDITURE REVIEW
dc.subject
PUBLIC EXPENDITURES
dc.subject
PUBLIC FINANCES
dc.subject
PUBLIC FINANCIAL MANAGEMENT
dc.subject
PUBLIC INFRASTRUCTURE
dc.subject
PUBLIC INSTITUTIONS
dc.subject
PUBLIC INVESTMENT
dc.subject
PUBLIC INVESTMENTS
dc.subject
PUBLIC PROCUREMENT
dc.subject
PUBLIC RESOURCES
dc.subject
PUBLIC SAFETY
dc.subject
PUBLIC SCHOOLS
dc.subject
PUBLIC SECTOR
dc.subject
PUBLIC SECTOR DEBT
dc.subject
PUBLIC SECTOR EMPLOYEES
dc.subject
PUBLIC SECTOR INVESTMENT
dc.subject
PUBLIC SERVICE
dc.subject
PUBLIC VEHICLES
dc.subject
PUBLIC WORKS
dc.subject
QUALITY OF LIFE
dc.subject
REALLOCATIONS
dc.subject
REALLOCATIONS ACROSS SECTORS
dc.subject
RECURRENT EXPENDITURE
dc.subject
REFORM STRATEGY
dc.subject
RESOURCE MANAGEMENT
dc.subject
REVENUE GROWTH
dc.subject
REVENUES
dc.subject
ROADS
dc.subject
SAFETY
dc.subject
SANITATION
dc.subject
SOCIAL EQUITY
dc.subject
SOCIAL INSURANCE
dc.subject
SOCIAL PROTECTION
dc.subject
SOCIAL SECURITY
dc.subject
SOCIAL SECURITY CONTRIBUTIONS
dc.subject
STATE AGENCY
dc.subject
SUBSIDIES
dc.subject
SUBSIDY
dc.subject
SUSTAINABILITY ANALYSIS
dc.subject
TAX ADMINISTRATION
dc.subject
TAX BURDEN
dc.subject
TAX POLICY
dc.subject
TAX RATES
dc.subject
TAX REVENUE
dc.subject
TAX REVENUES
dc.subject
TAX SYSTEM
dc.subject
TAXES
dc.subject
TOTAL EXPENDITURE
dc.subject
TOTAL EXPENDITURES
dc.subject
TOTAL SPENDING
dc.subject
TRAILS
dc.subject
TRAINING
dc.subject
TRANSIT
dc.subject
TRANSIT AUTHORITY
dc.subject
TRANSPARENCY
dc.subject
TRANSPORT
dc.subject
TRANSPORT COSTS
dc.subject
TRANSPORT EXPENDITURE
dc.subject
TRANSPORT SERVICES
dc.subject
TRANSPORT SYSTEM
dc.subject
TRAVEL
dc.subject
TRAVEL COSTS
dc.subject
TRAVEL TRAVEL
dc.subject
TRAVELERS
dc.subject
TREND
dc.subject
VEHICLE
dc.subject
VEHICLE COST
dc.subject
VEHICLE FLEET
dc.subject
VEHICLE TYPES
dc.subject
VEHICLES
dc.subject
WEALTH
dc.title
Liberia Public Expenditure Review : Options for Fiscal Space Enlargement
en
okr.date.disclosure
2013-10-29
okr.doctype
Economic & Sector Work :: Public Expenditure Review
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2013/05/18453783/liberia-public-expenditure-review-options-fiscal-space-enlargement
okr.globalpractice
Transport and ICT
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000456286_20131029145333
okr.identifier.internaldocumentum
18453783
okr.identifier.report
75049
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/10/29/000456286_20131029145333/Rendered/PDF/750490ESW0LR0P00Box379859B00PUBLIC0.pdf
en
okr.region.administrative
Africa
okr.region.country
Liberia
okr.sector
Public Administration, Law, and Justice::Central government administration
okr.sector
Public Administration, Law, and Justice::Law and justice
okr.sector
Public Administration, Law, and Justice::General public administration sector
okr.sector
Education
okr.sector
Health and other social services::Health
okr.theme
Public sector governance::Public expenditure, financial management and procurement
okr.theme
Rule of law::Other rule of law
okr.theme
Social protection and risk management::Social safety nets
okr.theme
Human development::Education for all
okr.theme
Human development::Health system performance
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
Public Sector Expenditure Policy
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Public Sector Economics
okr.topic
Transport Economics Policy and Planning
okr.topic
Public Sector Development
okr.topic
Transport
okr.unit
AFT: PREM 3 (AFTP3)
okr.volume
1 of 1

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