Libya faces a number of challenges to establishing a robust, efficient, and transparent public financial management system. There is a need to establish a clear macrofiscal policy framework. The Sovereign Wealth Fund (SWF) should be a financing fund system with clear and rigid inflow and outflow...

This paper outlines some of the issues that affect small and medium sized enterprises (SMEs) in three areas: regulation, procurement, and dispute resolution. The work presented herein is part of the Bank's most recent efforts to develop new approaches and instruments to strengthen its role as a...

The main objective of the Joint Country Financial Accountability Assessment (CFAA) and the Country Procurement Assessment (CPAR) is to contribute to the implementation of Public Sector Modernization Vision and Strategy for 2002-2012 and its Medium Term Socio-Economic Policy Framework. It also...

This Country Program Evaluation (RE-359) covers the period from 2005 to 2009. OVE's most significant recommendation stemming from the analysis is that, if this is one of the new administration's priorities, the next strategy should design an assistance program aimed at closing the gap that...