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Bulgaria has traditionally adhered to fiscal discipline and prudent fiscal policy since the introduction of its currency board arrangement in mid-1997. After a gradual decline in the 2000s, public debt has remained among the lowest in the European Union (EU), hovering in a narrow band between 17...
Persistent link: https://www.econbiz.de/10014454364
The Ecuador public finance review (PFR) series responded to a request from the Ecuadorian Ministry of Economy and Finance (MEF) to assess the efficiency and effectiveness of public spending. The PFR series offers a combination of analysis, capacity building, and options for reform in selected...
Persistent link: https://www.econbiz.de/10012646479
Over the past twenty years, fiscal policy has become one of the three pillars of macroeconomic stability for Colombia, the other two being the flexible exchange rate and inflation targeting. The credibility and sustainability of fiscal policy is the result of strong institutions (in particular,...
Persistent link: https://www.econbiz.de/10013209203
Capital investment is essential for achieving sustainable cities. Melaka State's long-term sustainability can be improved through well-planned investments in various projects, such as the development of ports and rail connections, a robust public transportation network, and adequate flood...
Persistent link: https://www.econbiz.de/10012646064
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
The national economy of Vietnam was affected by the April 2020 lockdown meant to contain the domestic spread of the COVID-19 (coronavirus) virus and subsequent outbreaks in Da Nang and Ho Chi Minh City. Nevertheless, the economy showed exceptional resilience. Gross domestic product (GDP) grew by...
Persistent link: https://www.econbiz.de/10012817520
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
The Public Finance Review (PFR) analyzes Lebanon's public finances over a long horizon, to understand the roots of the fiscal profligacy and its eventual insolvency. To do so, the PFR links three critical elements in three Sections. Section I: Fiscal Policy in the Second Republic; Section II:...
Persistent link: https://www.econbiz.de/10013413952
This module of the Public Expenditure Review (PER) sought to identify options for an effective and sustainable fiscal adjustment by considering key macroeconomic variables, fiscal policy priorities, spending trends, and Uganda's overall development needs. It has, therefore, detailed Uganda's...
Persistent link: https://www.econbiz.de/10014553809
battery chemistries, automation in retail electricity business) and c) increased customer preference for green mobility … undertaken by the World Bank to review the development of e-mobility in India, identify remaining challenges and mitigation … measures to support India's electric mobility vision. This report presents the findings of the analysis and lays out a set of …
Persistent link: https://www.econbiz.de/10012603445