Mongolia has realized important progress toward more efficient and sustainable public finances over the last decade. However, weaknesses in the institutional and structural reform agenda threaten Mongolia's fiscal balances. The government proposes to grow at 6 percent. This report discusses...

The report, a joint effort by the Bank, and the Inter-American Development Bank, seeks to provide the Ecuadorian authorities with a comprehensive account of both institutions' diagnoses and recommendations in the area of fiscal management and public expenditure. This report consists of two...

The report, a joint effort by the Bank, and the Inter-American Development Bank, seeks to provide the Ecuadorian authorities with a comprehensive account of both institutions' diagnoses and recommendations in the area of fiscal management and public expenditure. This report consists of two...

Despite high levels of per capita incomes and good social service provision, poverty remains a persistent problem in St. Kitts and Nevis. To improve competitiveness, restore rapid economic growth, and ensure its medium-term sustainability in the context of the currency union, the main challenges...

Timor-Leste is making good progress in nation-building and its emerging governance systems have progressively developed into a largely disciplined PFM system. The main objective of this PEFA assessment is to establish a new baseline for Public Financial Management (PFM) performance measurement...