World Bank2013-08-142013-08-142003-080-8213-5400-0https://hdl.handle.net/10986/15085The study is the first-ever Public Expenditure and Institutional Review (PEIR) on Bulgaria by the World Bank. It outlines public expenditure issues, and policy directions to improve the efficiency, and effectiveness of public expenditures in the country. To this end, it assesses fiscal sustainability, and analyzes the public expenditures, and their institutional framework. Bulgaria has made substantial progress toward long-term macroeconomic stability, but important challenges remain in the five sectors analyzed - education, health, social protection, the state railways, and energy sectors. It also analyses the institutional challenges in public expenditure management.en-USCC BY 3.0 IGOPUBLIC EXPENDITURESTRANSITION ECONOMIESPOLITICAL CONSTRAINTSCURRENCY BOARDSMACROECONOMIC POLICYSTRUCTURAL ADJUSTMENTFISCAL POLICYREFORM POLICYFISCAL SUSTAINABILITYBUDGETARY PROCESSSOCIAL IMPACTPOVERTY UPDATESMACROECONOMIC STABILITYPUBLIC HEALTH CAREEDUCATION SECTORSOCIAL PROTECTION SYSTEMSSTATE-OWNED ENTERPRISESRAILWAYSENERGY SECTORINSTITUTIONAL FRAMEWORKPUBLIC SECTOR MANAGEMENTACCOUNTABILITYACCOUNTINGAPPROPRIATIONSAUTHORITYBALANCE OF PAYMENTSBENEFIT INCIDENCEBUDGET EXECUTIONBUDGET FORMULATIONCASH FLOWSCIVIL SOCIETYCORPORATE INCOME TAXCOST RECOVERYCOUNCIL OF MINISTERSDECISION MAKERSDECISION MAKINGDEPENDENCY RATIODEVELOPMENT PARTNERSECONOMIC ANALYSESECONOMIC MEMORANDUMEDUCATIONEDUCATION LEVELELECTRICITYEMPLOYMENTEVASIONEXECUTIONEXPENDITURE REFORMEXTERNAL DEBTFINANCIAL CONTROLFINANCIAL MANAGEMENTFINANCIAL PERFORMANCEFISCALFISCAL BURDENFISCAL DECENTRALIZATIONFISCAL DEFICITSFISCAL DISCIPLINEFISCAL POLICIESFISCAL STANCEFISCAL SUSTAINABILITYFOREIGN DIRECT INVESTMENTGOVERNMENT LEVELGOVERNMENT OFFICIALSGOVERNMENT REVENUESGOVERNMENT SPENDINGGOVERNMENT SPENDING POLICYGROSS DOMESTIC PRODUCTGROWTH RATEHARD BUDGET CONSTRAINTSHEALTHHEALTH CAREHEALTH INDICATORSHEALTH INSURANCEHEALTH STATUSHOUSEHOLD SURVEYIMMUNIZATIONINCOMEINFLATIONINSTITUTIONAL FRAMEWORKINSTITUTIONAL REFORMSINTERNAL AUDITLABOR MARKETLICENSESLIFE EXPECTANCYLIVING STANDARDSLOCAL AUTHORITIESLOCAL GOVERNMENTMACROECONOMIC STABILITYMANAGERSMIGRATIONMINISTRY OF FINANCEMUNICIPALITIESOVERALL EXPENDITUREPOLICY DIRECTIONSPOLICY MAKERSPOLIOPOPULATION GROUPSPOPULATION GROWTHPOVERTY ASSESSMENTPOVERTY GAPPOVERTY LEVELSPOVERTY STATUSPOVERTY TRENDSPRIVATE SECTORPRODUCTIVITYPUBLIC EDUCATIONPUBLIC EXPENDITUREPUBLIC EXPENDITURE MANAGEMENTPUBLIC EXPENDITURESPUBLIC HEALTHPUBLIC HEALTH EXPENDITURESPUBLIC INFRASTRUCTUREPUBLIC RESOURCESPUBLIC WORKSRATIONALIZATIONREAL TERMSREFORM PROGRAMSREGULATORY FRAMEWORKREPRESENTATIVESRETIREMENTSAVINGSSCHOOLSSOCIAL ASSISTANCESOCIAL POLICYSOCIAL PROTECTIONSOCIAL PROTECTION PROGRAMSSOCIAL PROTECTION SYSTEMSOCIAL SECURITYSTATE AGENCIESSTRUCTURAL REFORMSTASK TEAM LEADERTAXTAX BURDENTAX REVENUESUNEMPLOYMENTUNEMPLOYMENT BENEFITSWorld Bank10.1596/0-8213-5400-0