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The Kenyan government remains committed to a planned fiscal consolidation pathway, which should help contain public debt stock at a sustainable level. Nonetheless, there are significant challenges stemming from a slowdown in revenue collection, a growing demand for transfers to county...
Persistent link: https://www.econbiz.de/10012646367
In recent decades, the Chinese government has placed great importance on developing agriculture and rural areas, adopting policies, and increasing public expenditures targeting these. China's agricultural policies and support mechanisms have evolved, responding to emerging challenges and...
Persistent link: https://www.econbiz.de/10014247505
competitive environment and sustained investment in human capital and innovation. This report identifies opportunities to enhance … knowledge-based growth. The recommended reforms are designed to prioritize investment in productive assets while continuing to …
Persistent link: https://www.econbiz.de/10014454370
Persistent link: https://www.econbiz.de/10012645411
This Public Expenditure Review (PER) was prepared in response to a request from the Ministry of Finance (MoF) and is designed to inform Lesotho's fiscal consolidation due to a narrowing of its fiscal space. Lesotho is facing a tough macro-fiscal outlook due to a sharp decline in Southern African...
Persistent link: https://www.econbiz.de/10012645490
public investment and the public wage bill, the two largest budget categories. It also reviews the composition and evolution …
Persistent link: https://www.econbiz.de/10012646158
This Public Expenditure Review (PER) of the Kyrgyz Republic is part of the programmatic PER, which aims to help the government strengthen macro-fiscal policies and enhance the effectiveness and efficiency of public spending. To this end, this PER builds on progresses made since 2014 PER and...
Persistent link: https://www.econbiz.de/10012603685
Myanmar had a strong economic take off between 2011 and 2015, but sustaining it will depend on improvements to public services and infrastructure. Yet general government spending at 15 percent of gross domestic product (GDP) is much lower than what is needed to deliver these improvements, and...
Persistent link: https://www.econbiz.de/10012247002
efforts to increase productivity and private sector growth. In addition, due to low performing State-owned enterprise (SOEs … risks. The analysis is designed to focus on public investment management (PIM) and public financial management (PFM …
Persistent link: https://www.econbiz.de/10014366474
The Kenyan economy rebounded in 2018 and economic activity in the first quarter of 2019 was healthy, although emerging drought conditions could curtail GDP growth for the remainder of the year. The economy expanded by 6.0 percent in the first three quarters of 2018 compared to 4.7 percent during...
Persistent link: https://www.econbiz.de/10012646017