After the lost decade 1994-2004, marked by political instability and economic decline, Haiti has reformed significantly and revived growth, especially in the past three years. Macroeconomic policies implemented since mid-2004 helped restart economic growth, reestablish fiscal discipline, reduce...

Ukraines vast needs in infrastructure coupled with a constrained fiscal space require concerted efforts in strengthening public investment management. Investments in infrastructure are important for fostering economic growth. Translating public investments into assets crucially depends on how...

This report addresses key issues on macroeconomic stability, efficient allocation of public expenditures, public sector staffing, and public finance management. The fiscal sustainability analysis carried out for this report indicates that serious adjustments will be needed to improve Burundi's...

The fiscal space generated by a prolonged oil windfall has enabled Algeria to embark on a massive public investment program for 2005- 09, Programme Complementaire de Soutien a la Croissance (PCSC). Taking advantage of the current macroeconomic and fiscal opportunity, the country could...

The fiscal space generated by a prolonged oil windfall has enabled Algeria to embark on a massive public investment program for 2005- 09, Programme Complementaire de Soutien a la Croissance (PCSC). Taking advantage of the current macroeconomic and fiscal opportunity, the country could...

This Public Expenditure Review (PER) identifies four major challenges that the Senegalese authorities must meet in order to optimize their investment policy. The first challenge is to optimize the strategic choices underlying an optimal investment policy. To this end, the authorities should...

This public expenditure review (PER) for Moldova is the result of a body of programmatic fiscal work. This PER focuses on capital expenditure. It supports the first pillar of the country partnership strategy (improving economic competitiveness) and complements the 2012 development policy...

This report reviews the state of public expenditure in Burundi, with a focus on public investment, and recommends specific actions that need to be taken to stimulate growth and reduce poverty. Overall, the analysis indicates that poor performance in public expenditure and investment management...

To advance the effectiveness of Uganda's public investment program (PIP) improvements can and should be made from the inception of an investment program all the way through its implementation. It is not a question of abandoning the current process but one of adjusting the various stages of the...

This report documents the current levels and patterns of public investment in Russia, analyzes the institutional arrangements in place for investment budgeting, and develops short- and medium-term recommendations where policy or institutional strengthening is required for improving the...