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How To Design And Institutionalize Spending Reviews
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Book Synopsis How to Design and Institutionalize Spending Reviews by : Laura Doherty
Download or read book How to Design and Institutionalize Spending Reviews written by Laura Doherty and published by International Monetary Fund. This book was released on 2022-09-20 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spending reviews refer to the process of conducting in-depth assessments of existing public expenditure in order to identify opportunities to reduce or redirect spending from low-priority, inefficient, or ineffective spending. They offer a systemic approach to ensuring that spending is aligned with the government’s policy priorities, is effective in achieving its intended objectives and is deployed efficiently. This How to Note outlines the various objectives of spending reviews and provides guidance on designing a spending review process, including the organizational architecture and roles and responsibilities of various stakeholders. It also discusses the various stages of con¬ducting spending reviews and mechanisms for integrat¬ing their outcomes into the budget process. This note draws on lessons and experiences from countries that have established spending reviews, while recognizing that this is an emerging area for further reform.
Book Synopsis Government at a Glance: Latin America and the Caribbean 2024 by : OECD
Download or read book Government at a Glance: Latin America and the Caribbean 2024 written by OECD and published by OECD Publishing. This book was released on 2024-03-13 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2024 edition of Government at a Glance Latin America and the Caribbean provides the latest available evidence on public administrations and their performance in the LAC region and compares it to OECD countries.
Book Synopsis How to Make the Management of Public Finances Climate-Sensitive–“Green PFM” by : Ozlem Aydin Sakrak
Download or read book How to Make the Management of Public Finances Climate-Sensitive–“Green PFM” written by Ozlem Aydin Sakrak and published by International Monetary Fund. This book was released on 2022-12-08 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This How to Note develops the “green public financial management (PFM)” framework briefly outlined in an earlier Staff Climate Note (2021/002, published in August 2021). It illustrates, how climate change and environmental concerns can be mainstreamed into government’s institutional arrangements in place to facilitate the implementation of fiscal policies. It provides numerous country examples covering possible entry points for green PFM – phases in the budget cycle (strategic planning and fiscal framework, budget preparation, budget execution and accounting, control, and audit), legal framework or issues that cut across the budget cycle, such as fiscal transparency or coordination with State Owned Enterprises or with subnational governments. This How to Note also summarizes practical guidance for implementation of a green PFM strategy, underscoring the need for a tailored approach adapted to country specificities and for a strong stewardship role of the Ministry of Finance.
Book Synopsis OECD Public Governance Reviews Together for Children and Young People in Ireland Towards a New Governance Framework by : OECD
Download or read book OECD Public Governance Reviews Together for Children and Young People in Ireland Towards a New Governance Framework written by OECD and published by OECD Publishing. This book was released on 2024-04-09 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ireland has shown a strong commitment to addressing child poverty and improving outcomes for children and young people. Responding to the needs of children and young people, particularly those most vulnerable, requires integrated policies and services. This report is part of a joint project between the OECD and the European Commission to strengthen policy and governance arrangements for tackling child poverty and improving outcomes for children and young people based on a whole-of-government approach. The report assesses recent policy, institutional and legislative developments in Ireland and compares outcomes for children and young people with those in other EU and OECD countries. It finds that despite progress, Ireland still has room for improvement on child poverty reduction, and more can be done to address the trust gap between young people in Ireland and their government. The report recommends Ireland to adopt measures to enhance inter-departmental and inter-agency co-operation, strengthen evidence-informed approaches, reinforce policy monitoring tools, and improve accountability mechanisms. It also recommends measures to support the effective implementation of Young Ireland, the National Policy Framework for Children and Young People (2023-28), and to ensure policy coherence.
Book Synopsis Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design by : Vybhavi Balasundharam
Download or read book Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design written by Vybhavi Balasundharam and published by International Monetary Fund. This book was released on 2023-03-17 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design
Book Synopsis Fiscal Consolidation in Belgium by : Yu Ching Wong
Download or read book Fiscal Consolidation in Belgium written by Yu Ching Wong and published by International Monetary Fund. This book was released on 2023-12-19 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Belgium is facing higher structural deficits and rising debt after the pandemic and energy crisis. Fiscal consolidation is needed to lower inflation, rebuild buffers, reduce debt, and preserve Belgium’s social contract. While designing an appropriate fiscal consolidation path involves trade-offs, an ideally front-loaded and significant adjustment to achieve a medium-term structural balance would reduce public debt towards the 60 percent debt threshold, significantly reducing vulnerabilities. Experiences in other countries and in the past in Belgium show that while ambitious, such an adjustment is achievable. Comparisons with peers show that rationalizing and increasing the efficiency of social benefits and the public wage bill would need to be at the core of the consolidation effort. All federal entities should share the burden of the adjustment, in a coordinated manner, with accountability at all levels of government, and within a credible and clear multi-year consolidation plan. Comprehensive spending reviews would help target budgetary saving. To mitigate the growth impact in the near term and boost potential growth, public investment should be preserved, and the adjustment should go together with structural reforms to increase labor force participation and productivity.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 : Total Pages :48 pages Book Rating :4.4/5 (2 download)
Book Synopsis Belgium by : International Monetary Fund. European Dept.
Download or read book Belgium written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2023-12-08 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Belgium: Selected Issues
Book Synopsis OECD Economic Surveys: Germany 2023 by : OECD
Download or read book OECD Economic Surveys: Germany 2023 written by OECD and published by OECD Publishing. This book was released on 2023-05-08 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a decade of strong export-led growth, decreasing unemployment and fiscal surpluses, the COVID-19 pandemic and the energy crisis have revealed structural vulnerabilities and emphasised the need for accelerating the green and digital transitions. At the same time, rapid population ageing increases public spending pressures and exacerbates skilled labour shortages.
Book Synopsis Chile by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Chile written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-09-24 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This technical assistance report on Chile focuses on introducing and institutionalizing spending reviews (SR). The Chilean government has announced its commitment to achieving its fiscal target and containing expenditure growth. This report proposes a SR framework with targeted reviews conducted on an annual rolling basis, combined with a periodic comprehensive review at most once every four years. Both types of reviews include targets to identify savings options. Targeted reviews focus on a limited predefined review topic or area and on value for money and efficiency. Comprehensive reviews do not have any predefined review topics; they undertake an unconstrained search for the best saving options. The report sets out a four-stage process for conducting an SR, which would start in September and have final saving decisions made in April or May of the following year. The government will need to announce the topic for the first full targeted review to Congress in September 2019. This review will be conducted in late 2019 and early 2020; the results will be ready in April 2020 in time for incorporation into the process for the 2021 budget.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1484365844 Total Pages :64 pages Book Rating :4.4/5 (843 download)
Book Synopsis Republic of Moldova by : International Monetary Fund. European Dept.
Download or read book Republic of Moldova written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-07-05 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy strengthened in 2017. Higher-than-expected GDP growth was driven by strong domestic demand and a positive external environment. Inflation slowed, driven by regulated and food prices, prudent policies and exchange rate appreciation, to below the target of the National Bank of Moldova (NBM).
Book Synopsis A Guiding Framework for Nutrition Public Expenditure Reviews by : Huihui Wang
Download or read book A Guiding Framework for Nutrition Public Expenditure Reviews written by Huihui Wang and published by World Bank Publications. This book was released on 2022-05-24 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nutrition investments affect human capital formation, which in turn affects economic growth. Malnutrition is intrinsically connected to human capital—undernutrition contributes to nearly half of child mortality, and stunting reduces productivity and earnings in adulthood. Improving nutrition requires a multisectoral effort, but it is difficult to identify and quantify the basic financing parameters as used in traditional sectors. What is being spent and by whom and on what? To address these questions, nutrition public expenditure reviews (NPERs) determine the level of a country’s overall nutrition public spending and assess whether its expenditure profile will enable the country to realize its nutrition goals and objectives. When done well, NPERs go beyond simply quantifying how much is spent on nutrition; they measure how well money is being spent to achieve nutrition outcomes and identify specific recommendations for improvement. A Guiding Framework for Nutrition Public Expenditure Reviews presents the key elements of an NPER and offers guidance, practical steps, and examples for carrying out an NPER. The book draws upon good practices from past NPERs as well as common practices and expertise from public expenditure reviews in other sectors. This handbook is intended for practitioners who are tasked with carrying out NPERs. Other target audiences include country nutrition policy makers, development partner officials, government technical staff, and nutrition advocates. The book presents data and analytical challenges faced by previous NPER teams and lays out the kinds of analyses that past NPERs have been able to carry out and those that they were unable to perform because of data or capacity constraints. It concludes with further work needed at the global and country levels to create the conditions necessary to conduct more comprehensive NPERs.
Book Synopsis Republic of Moldova by : International Monetary
Download or read book Republic of Moldova written by International Monetary and published by International Monetary Fund. This book was released on 2022-09-28 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Moldova’s economy is projected to stagnate in 2022 amid spillovers from Russia’s invasion of Ukraine. The war in Ukraine continues to weigh heavily on Moldova, although some initial pressures have subsided. Bank deposit net withdrawals came to an end and are now steadily being replenished. The leu depreciated by about 8 percent so far while pressures on foreign reserves have eased. About 550,000 refugees fleeing the war (representing more than 20 percent of the Moldovan population) have transited through Moldova, with about a fifth remaining in the country. Driven by rising food and energy prices, inflation accelerated further above the target band.
Book Synopsis Evaluating Public Spending by : Sanjay Pradhan
Download or read book Evaluating Public Spending written by Sanjay Pradhan and published by World Bank Publications. This book was released on 1996-01-01 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 318. Analyzes the condition needed for achieving sustainable private sector growth in the Visegrad countries--the Czech Republic, Hungary, Poland, and the Slovak Republic. The analysis focuses on the legal and regulatory framework and institutional capacity, the privatization of state enterprises, and private sector development.
Book Synopsis Financial Policies by : Shayne Kavanagh
Download or read book Financial Policies written by Shayne Kavanagh and published by Gfoa. This book was released on 2004 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Performance Budgeting by : M. Robinson
Download or read book Performance Budgeting written by M. Robinson and published by Springer. This book was released on 2007-08-30 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the theory and practice of performance budgeting, which aims make government more effective by linking the funding of government agencies to the results they deliver. Combining thematic studies and case studies, it clearly presents the diverse range of contemporary performance budgeting models and examines their effectiveness.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1513557114 Total Pages :56 pages Book Rating :4.5/5 (135 download)
Book Synopsis Euro Area Policies by : International Monetary Fund. European Dept.
Download or read book Euro Area Policies written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-07-27 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Context. The recovery is strengthening, underpinned by lower oil prices and the ECB’s expanded asset purchase program. But the medium-term outlook remains weak, weighed down by the legacies of insufficient demand, lagging productivity, and weak bank and corporate balance sheets. Policies. A concerted, collective effort is needed to sustain the recovery, avoid overburdening monetary policy, and lift potential growth over the medium term, which would have positive spillovers for the rest of the world: Demand support. Quantitative easing (QE) has boosted confidence and improved financial conditions. The ECB’s clear communication to stay the course on QE until inflation is on a sustained adjustment path will help anchor expectations. Countries should adhere to the SGP, but those with fiscal space should use it to support investment and structural reforms. Balance sheet repair. High non-performing loans (NPLs) in some banks are eroding profitability and discouraging new lending. Complementary policies are needed to incentivize NPL resolution through strengthened prudential supervision, insolvency reforms, and development of distressed debt markets. Asset management companies (AMCs) could help banks to offload NPLs and assist with corporate restructuring. Productivity-enhancing structural reforms. Labor and product market reforms should be combined with faster implementation of the Services Directive, further improvements of insolvency regimes, and a greater push toward a single market in capital, transport, energy, and the digital economy. A capital markets union would help diversify funding sources and reduce reliance on bank lending. Better economic governance. A more effective and simpler governance framework, including a move towards "outcome-based" benchmarking, could help advance structural reforms, while the fiscal framework could be simplified and strengthened.
Book Synopsis Improving Project Management in the Department of Energy by : National Research Council
Download or read book Improving Project Management in the Department of Energy written by National Research Council and published by National Academies Press. This book was released on 1999-09-22 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Department of Energy has been at the center of many of the greatest achievements in science and engineering in this century. DOE spends billions of dollars funding projects-and plans to keep on spending at this rate. But, documentation shows that DOE's construction and environmental remediation projects take much longer and cost 50% more than comparable projects undertaken by other federal agencies, calling into question DOE's procedures and project management. What are the root causes for these problems?
