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The report and the summary review the recent economic and fiscal performance of Mongolia; outline current medium-term prospects of Mongolia's economy; discuss short-term risks and structural vulnerabilities; and comment on the efficiency of past public investment programs and practices
Persistent link: https://www.econbiz.de/10012645411
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
Malawi's economic growth has historically been undermined by exogenous, climate-induced shocks, as well as economic policies and management that have often exacerbated the impact of shocks. Yet since 2017, Malawi has been enjoying a period of economic stability, with double-digit inflation...
Persistent link: https://www.econbiz.de/10012646731
The objective of this public expenditure review (PER) is to provide the government with options for fiscal consolidation and support macroeconomic stability in the medium-term. This PER addresses the broad topic of expenditure efficiency and examines options for expenditure rationalization to...
Persistent link: https://www.econbiz.de/10012647293
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
A Public Expenditure Review (PER) is a diagnostic instrument to analyze public expenditures and revenues, support policy dialogue with government, and inform engagement with other stakeholders. During November 2021 and July 2022, a PER was conducted for Solomon Islands, titled Euro Fiscal reform...
Persistent link: https://www.econbiz.de/10014247533
Honduras remains one of the poorest and most unequal countries in the Western Hemisphere. Structural exposure to external shocks and natural hazards go hand in hand with high levels of crime, political instability, and a weak institutional and business environment. These problems have undermined...
Persistent link: https://www.econbiz.de/10014312688
The Union of the Comoros is a small-island country in Eastern Africa that recorded a modest economic expansion and suffered from various fiscal challenges during the last decade that had an impact on long-term growth. Limited fiscal space to address development needs explains the country's low...
Persistent link: https://www.econbiz.de/10014366474
Georgia has made impressive economic progress over the past two decades, achieving strong and resilient economic growth and development despite numerous external and domestic shocks. This Fiscal Incidence Analysis (FIA) report serves as a baseline for evaluating current fiscal policy and...
Persistent link: https://www.econbiz.de/10015411894
Mauritius's economy has grown dramatically since the country's independence in 1968, and its rapid development offers a powerful example for developing economies worldwide. However, growth dynamism has waned in recent years. In addition, Mauritius was hard-hit by the COVID-19 pandemic and...
Persistent link: https://www.econbiz.de/10014454370