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This Public Expenditure and Financial Accountability (PEFA) performance assessment report evaluates the seven core pillars of the public financial management (PFM) system of the Government of the Philippines (Government) as set out in the summary assessment below. It evaluates how effectively...
Persistent link: https://www.econbiz.de/10012644484
Benefiting from successful economic transformation after independence and the start of EU accession negotiations, economic activity in Montenegro has been solid, supporting the rise in incomes their convergence with the ones in the European Union. Inflation has been modest and kept in check....
Persistent link: https://www.econbiz.de/10012646187
The international community is currently planning for a potential political settlement in Afghanistan. Negotiations may bring opportunities for significant reductions in violence. Government and development partners are considering how to support, consolidate, and sustain any reduction in...
Persistent link: https://www.econbiz.de/10012646684
The outbreak was declared a pandemic by the WHO on March 11 and the epicenter of the crisis has moved from China and Korea to the US and Western Europe. Infections are also increasing at a rapid pace in WBG client countries, with large uncertainty about the extent to which many countries are...
Persistent link: https://www.econbiz.de/10012522014
Over the last sixty years, Ireland has experienced profound economic, social, technological, occupational, cultural … transformation and has been a central component of Ireland's human capital development. Ireland's journey towards prosperity has not … the story of Ireland's remarkable economic and social transformations since the 1960s, with a focus on the contribution …
Persistent link: https://www.econbiz.de/10012700788
This report represents the largest assessment of village spending since the enactment of the Village Law. The findings presented here are based on a public expenditure analysis of financial data from 45,625 rural villages across 248 districts and 33 provinces. This represents over 58 percent of...
Persistent link: https://www.econbiz.de/10012642796
Performance based budgeting (PBB) has been a popular reform among ministries of finance across the world, accompanied by high expectations for its ability to transform national budget processes. PBB offers the hope of a more evidence-based rationale for making budget decisions across an array of...
Persistent link: https://www.econbiz.de/10012645342
Postponement of 2012 VAT Law requires significant early adjustments in the FY18 Budget to tap additional sources of revenue and expenditure saving to increase fiscal space. Automation, process simplification, and dispute resolution may bring additional tax revenues in the immediate future. These...
Persistent link: https://www.econbiz.de/10012645560
Guinea-Bissau is a small state in West Africa with a population of around 1.8 million. It is rich in natural resources (fisheries, forestry and agriculture) and biodiversity. Economic activity is, however, dominated by the production and sale of unprocessed cashew, which is also the main source...
Persistent link: https://www.econbiz.de/10012645857
Guinea-Bissau is a small state in West Africa with a population of around 1.8 million. It is rich in natural resources (fisheries, forestry and agriculture) and biodiversity. Guinea-Bissau is host to a large variety of ethnic groups, languages and religions, with communal and ethnic-based...
Persistent link: https://www.econbiz.de/10012646242