Democratic Republic of São Tomé and Príncipe : Country Integrated Fiduciary Assessment, Volume 2. Public Expenditure Review

Show simple item record

collection.link.74
https://openknowledge.worldbank.org/handle/10986/2182
collection.name.74
Integrated Fiduciary Assessment
dc.contributor.author
World Bank
dc.date.accessioned
2012-06-11T20:49:15Z
dc.date.available
2012-06-11T20:49:15Z
dc.date.issued
2007-06
dc.date.lastModified
2017-12-13T13:34:37Z
dc.description.abstract
This Integrated Fiduciary Assessment is the first of its kind for Sao Tome and Principe. It combines the analysis and policy recommendations from a public expenditure review (PER), a country financial accountability assessment (CFAA), and a country procurement assessment review (CPAR). The goal of the report is to identify the major challenges facing the country in the prepetroleum era (the next three to five years) in public finance management (including public enterprises) as it attempts to implement its National Poverty Reduction Strategy (NPRS) with a tight resource envelope. This executive summary presents recent economic developments and fiscal sustainability analysis that takes into account petroleum and no-petroleum scenarios, with corresponding analysis on which of the Millennium Development Goals (MDGs) are reachable. The summary reports on revenue and expenditure performance since 2000-01, issues related to the implementation of the public investment program (PIP) and its coordination with the NPRS, and the budget process, including findings from the Health PER, which highlights a lack of allocative efficiency. The summary reports on the financial fragility of state-owned enterprises (SOEs) and the possible fiscal consequences for the central budget, especially regarding the implicit subsidies and tax breaks to (and the hypothetical tariff increases of) the electricity and water company. The summary of reports on the status of the public finance management system (budget preparation, execution, control, governance, and human resources) and the reform process that may address many of the concerns it rises. Finally, the summary presents the findings related to the procurement process, including the legislative and regulatory framework, institutional framework and management capacity, procurement operations and market practices, and integrity and transparency of the system.
en
dc.identifier
http://documents.worldbank.org/curated/en/2007/06/9823625/democratic-republic-sao-tome-principe-country-integrated-fiduciary-assessment-vol-2-4-public-expenditure-review
dc.identifier.uri
http://hdl.handle.net/10986/7730
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
ACCESS TO BANK
dc.subject
ACCOUNTING
dc.subject
ADMINISTRATIVE CLASSIFICATION
dc.subject
ALLOCATION
dc.subject
ARREARS
dc.subject
BANK CREDIT
dc.subject
BANKING SYSTEM
dc.subject
BASELINE SCENARIO
dc.subject
BROAD MONEY
dc.subject
BUDGET ALLOCATIONS
dc.subject
BUDGET EXECUTION
dc.subject
BUDGET EXPENDITURE
dc.subject
BUDGET MANAGEMENT
dc.subject
BUDGET YEAR
dc.subject
BUDGETING
dc.subject
CAPITAL EXPENDITURE
dc.subject
CAPITAL EXPENDITURES
dc.subject
CAPITAL FLOWS
dc.subject
CAPITAL INFLOW
dc.subject
CAPITAL INVESTMENT
dc.subject
CAPITAL PROJECTS
dc.subject
CASH BASIS
dc.subject
CASH BUDGETING
dc.subject
CDS
dc.subject
CENTRAL BANK
dc.subject
CENTRAL GOVERNMENT
dc.subject
CIVIL SERVANTS
dc.subject
COMMERCIAL BANKS
dc.subject
CONSTANT SHARE
dc.subject
CONSUMPTION GOODS
dc.subject
CORPORATE TAX RATE
dc.subject
COUNTRY PROCUREMENT
dc.subject
CURRENT ACCOUNT DEFICIT
dc.subject
CURRENT ACCOUNT TRANSACTIONS
dc.subject
DEBT OUTSTANDING
dc.subject
DEBT RELIEF
dc.subject
DEBT SERVICE
dc.subject
DEPOSIT
dc.subject
DEPOSITS
dc.subject
DEVELOPMENT BANK
dc.subject
DOMESTIC DEMAND
dc.subject
DOMESTIC EXPENDITURE
dc.subject
DOMESTIC MARKET
dc.subject
DOMESTIC SAVINGS
dc.subject
DONOR FINANCING
dc.subject
DONOR FUNDS
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC STABILITY
dc.subject
EDUCATION EXPENDITURES
dc.subject
EXCESS LIQUIDITY
dc.subject
EXCHANGE RATE
dc.subject
EXOGENOUS SHOCKS
dc.subject
EXPENDITURE
dc.subject
EXPENDITURE CATEGORIES
dc.subject
EXPENDITURE OBJECTIVES
dc.subject
EXPENDITURE POLICIES
dc.subject
EXPENDITURE POLICY
dc.subject
EXPENDITURES
dc.subject
EXPORTER
dc.subject
EXTERNAL AID
dc.subject
EXTERNAL DEBT
dc.subject
EXTERNAL DEFICIT
dc.subject
EXTERNAL FINANCING
dc.subject
EXTERNAL GRANTS
dc.subject
EXTERNAL SHOCKS
dc.subject
FIDUCIARY ASSESSMENT
dc.subject
FINANCIAL ACCOUNTABILITY
dc.subject
FINANCIAL CONSTRAINTS
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
FINANCIAL MANAGEMENT
dc.subject
FINANCIAL PROGRAMMING
dc.subject
FINANCIAL STATUS
dc.subject
FISCAL ADJUSTMENTS
dc.subject
FISCAL BALANCE
dc.subject
FISCAL BEHAVIOR
dc.subject
FISCAL CONSTRAINT
dc.subject
FISCAL DEFICIT
dc.subject
FISCAL DISCIPLINE
dc.subject
FISCAL POLICIES
dc.subject
FISCAL POLICY
dc.subject
FISCAL REVENUE
dc.subject
FISCAL STANCE
dc.subject
FISCAL SUSTAINABILITY
dc.subject
FLEXIBLE EXCHANGE RATE
dc.subject
FOREIGN CURRENCY
dc.subject
FOREIGN DEBT
dc.subject
FOREIGN DIRECT INVESTMENT
dc.subject
FOREIGN EXCHANGE
dc.subject
FOREIGN EXCHANGE TRANSACTIONS
dc.subject
FOREIGN FINANCING
dc.subject
FOREIGN GRANTS
dc.subject
FOREIGN INVESTMENT
dc.subject
FOREIGN INVESTORS
dc.subject
FOREIGN RESERVES
dc.subject
GOVERNMENT BUDGET
dc.subject
GOVERNMENT DEBT
dc.subject
GOVERNMENT EXPENDITURE
dc.subject
GOVERNMENT FINANCE
dc.subject
GOVERNMENT POLICIES
dc.subject
GOVERNMENT REVENUES
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
GROWTH RATE
dc.subject
HEALTH EXPENDITURES
dc.subject
HEALTH SECTOR
dc.subject
HEALTH WORKERS
dc.subject
HOLDING
dc.subject
IMPLICIT SUBSIDIES
dc.subject
IMPORT DUTIES
dc.subject
IMPORT TARIFF
dc.subject
INCOME TAX
dc.subject
INCOME TAX REFORM
dc.subject
INFLATION
dc.subject
INFLATION RATE
dc.subject
INFORMATION CONSTRAINTS
dc.subject
INFORMATION SYSTEMS
dc.subject
INSTRUMENT
dc.subject
INSURANCE
dc.subject
INTEREST PAYMENT
dc.subject
INTEREST PAYMENTS
dc.subject
INTERNATIONAL DEVELOPMENT
dc.subject
INTERNATIONAL STANDARDS
dc.subject
INVESTING
dc.subject
INVESTMENT BUDGET
dc.subject
INVESTMENT OPPORTUNITIES
dc.subject
INVESTMENT PROJECTS
dc.subject
ISSUANCE
dc.subject
JUSTICE SYSTEM
dc.subject
LAND REFORM
dc.subject
LEGAL INSTRUMENTS
dc.subject
LOAN
dc.subject
LOCAL CURRENCY
dc.subject
LOCAL GOVERNMENT
dc.subject
MACROECONOMIC FRAMEWORK
dc.subject
MACROECONOMIC INDICATORS
dc.subject
MACROECONOMIC VARIABLES
dc.subject
MONETARY FUND
dc.subject
MONETARY INSTRUMENTS
dc.subject
MONETARY POLICIES
dc.subject
MONETARY POLICY
dc.subject
MONETARY SECTOR
dc.subject
NATIONAL ACCOUNTS
dc.subject
NATIONAL INCOME
dc.subject
NATIONAL SAVINGS
dc.subject
NATURAL RESOURCES
dc.subject
NET PRESENT VALUE
dc.subject
OUTPUT RATIO
dc.subject
PERFORMANCE CONTRACTS
dc.subject
PERMANENT INCOME HYPOTHESIS
dc.subject
PLEDGES
dc.subject
POVERTY REDUCTION
dc.subject
POVERTY REDUCTION STRATEGY
dc.subject
PRIVATE INVESTMENT
dc.subject
PRIVATE SAVINGS
dc.subject
PRIVATE SECTOR
dc.subject
PROCUREMENT SYSTEMS
dc.subject
PUBLIC ADMINISTRATION
dc.subject
PUBLIC BUDGET
dc.subject
PUBLIC CONSUMPTION
dc.subject
PUBLIC DEFICIT
dc.subject
PUBLIC EXPENDITURE
dc.subject
PUBLIC EXPENDITURE REVIEW
dc.subject
PUBLIC EXPENDITURES
dc.subject
PUBLIC FINANCE
dc.subject
PUBLIC INVESTMENT
dc.subject
PUBLIC INVESTMENT PROGRAM
dc.subject
PUBLIC INVESTMENTS
dc.subject
PUBLIC REVENUE
dc.subject
PUBLIC SAVINGS
dc.subject
PUBLIC SPENDING
dc.subject
REAL EXCHANGE RATE
dc.subject
REAL INTEREST
dc.subject
REAL INTEREST RATES
dc.subject
RECURRENT EXPENDITURE
dc.subject
REFORM STRATEGIES
dc.subject
REGULATORY FRAMEWORK
dc.subject
RESERVE
dc.subject
RESERVE REQUIREMENT
dc.subject
RESERVE REQUIREMENTS
dc.subject
RESERVES
dc.subject
RETURN
dc.subject
REVENUE INCREASES
dc.subject
REVENUE SOURCES
dc.subject
SECTOR MANAGERS
dc.subject
SHAREHOLDER
dc.subject
SOCIAL EXPENDITURE
dc.subject
SOCIAL EXPENDITURES
dc.subject
STATE BUDGET
dc.subject
STRUCTURAL DEFICIT
dc.subject
STRUCTURAL REFORMS
dc.subject
SUSTAINABILITY ANALYSIS
dc.subject
TAX
dc.subject
TAX BREAKS
dc.subject
TAX CODE
dc.subject
TAX COLLECTION
dc.subject
TAX COLLECTIONS
dc.subject
TAX EXEMPTIONS
dc.subject
TAX RATES
dc.subject
TAX REVENUES
dc.subject
TAX STRUCTURE
dc.subject
TAX SYSTEM
dc.subject
TELECOMMUNICATIONS
dc.subject
TOTAL DEBT
dc.subject
TOTAL EXPENDITURE
dc.subject
TOTAL EXPENDITURES
dc.subject
TOTAL SPENDING
dc.subject
TRADE LIBERALIZATION
dc.subject
TRANSACTION
dc.subject
TRANSACTION COSTS
dc.subject
TRANSPARENCY
dc.subject
TREASURY
dc.subject
VALUATION
dc.title
Democratic Republic of São Tomé and Príncipe : Country Integrated Fiduciary Assessment, Volume 2. Public Expenditure Review
en
okr.doctype
Economic & Sector Work :: Integrated Fiduciary Assessment
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2007/06/9823625/democratic-republic-sao-tome-principe-country-integrated-fiduciary-assessment-vol-2-4-public-expenditure-review
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000333038_20080905041646
okr.identifier.internaldocumentum
9823625
okr.identifier.report
40130
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/09/05/000333038_20080905041646/Rendered/PDF/401300ESW0VOL110Box334049B01PUBLIC1.pdf
en
okr.region.administrative
Africa
okr.region.country
Sao Tome and Principe
okr.sector
Health
okr.sector
Public Administration
okr.sector
Law
okr.sector
Public Administration, Law, and Justice
okr.sector
Finance
okr.sector
Education
okr.theme
Public expenditure
okr.theme
Public expenditure, financial management and procurement
okr.theme
Other accountability/anti-corruption
okr.theme
Decentralization
okr.theme
Corporate governance
okr.theme
Administrative and civil service reform
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
Public Sector Expenditure Analysis and Management
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Public Sector Economics and Finance
okr.topic
Public Sector Development
okr.unit
AFT: PREM 3 (AFTP3)
okr.volume
2 of 4

Show simple item record



This item appears in the following Collection(s)