World Bank2021-06-292021-06-292020-12-01https://hdl.handle.net/10986/35855This is the second and last module of a programmatic Public Expenditure Review (PER). The programmatic PER is intended to support the Government of Malawi to analyze: 1) fiscal risks and sustainability; and 2) the efficiency and equity of public expenditure, particularly in human development sectors. The first module, ‘Putting Fiscal Policy on a Sustainable Path’, analyzed recent macro-fiscal trends, fiscal risks and sustainability, and the policies required to manage risks and maintain sustainability. This second module, ‘Strengthening Expenditure for Human Capital,’ includes both crosssectoral and sector-specific analysis aimed to improve the effectiveness of using public resources for human capital development. The cross-sectoral work looks at aggregate spending levels for human capital and relevant aspects of the intergovernmental fiscal transfer system. Sector-specific reviews are presented for the education, health and social protection sectors.CC BY 3.0 IGOPUBLIC EXPENDITURE REVIEWEDUCATION SPENDINGSCHOOL ENROLLMENTCOMPLETION RATESBUDGET EXECUTIONHEALTH SPENDINGPUBLIC FINANCIAL MANAGEMENTEQUITYSOCIAL SAFETY NETSOCIAL INSURANCELABOR POLICYSUBSIDIESFISCAL TRANSFERLOCAL SERVICE DELIVERYReportWorld Bank10.1596/35855