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Public Expenditure In The Slovak Republic
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Book Synopsis Public Expenditure in the Slovak Republic by : Francesco Grigoli
Download or read book Public Expenditure in the Slovak Republic written by Francesco Grigoli and published by International Monetary Fund. This book was released on 2012-07-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good practice suggests that budget allocations should reflect spending priorities and that spending should provide cost-effective delivery of public goods and services. This paper analyzes the composition of public expenditure in the Slovak Republic. It also assesses the relative efficiency of spending in education and health. The Slovak Republic spends more on social benefits and less on wages compared to the EU and OECD average. While it manages to translate the low expenditures into outcomes in an efficient manner in the education sector, this is not true for health. Moreover, the recent increases in expenditure levels have not improved outcomes, suggesting that significant budgetary savings could be achieved through increases in efficiency.
Book Synopsis Rationalising Public Expenditure in the Slovak Republic by : Rauf Gönenç
Download or read book Rationalising Public Expenditure in the Slovak Republic written by Rauf Gönenç and published by . This book was released on 2004 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, public expenditure in Slovakia was characterised by substantial social transfers and high public sector wage expenses. This paper analyses the main features of Slovakia's public expenditure system, reviews expenditure trends, and discusses recent reform initiatives. The latter have concerned the introduction of medium-term budget projections, the switch towards performance-based budgeting, the limitation of extra-budgetary funds, the devolution of spending power to sub-central administrative units, changes to the public employment regime, and reforms of the social security system. These initiatives are critically assessed and a number of recommendations concerning implementation and further reform steps are developed ...
Book Synopsis Slovak Republic by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Slovak Republic written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2023-11-03 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multi-annual public expenditure limits (PEL) are the latest addition to Slovakia’s rule-based fiscal framework and provide an operational fiscal policy instrument to strengthen fiscal discipline. This report advises on enhancements to public financial management for the successful introduction of PEL. It outlines the steps to move towards a more strategic, medium-term approach to budgeting. It also advises on how to manage spending under the PEL, including through contingency margins; to integrate expenditure baselines and spending reviews in the budget process; and to tighten budget execution. Finally, it advises on institutional changes to facilitate the process.
Book Synopsis Rationalising Public Expenditure in the Slovak Republic by :
Download or read book Rationalising Public Expenditure in the Slovak Republic written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Managing Public Expenditure A Reference Book for Transition Countries by : OECD
Download or read book Managing Public Expenditure A Reference Book for Transition Countries written by OECD and published by OECD Publishing. This book was released on 2001-03-20 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Public Expenditure presents a comprehensive and in-depth analysis of all aspects of public expenditure management from the preparation of the budget to the execution, control and audit stages.
Book Synopsis Rationalising Public Expenditure in the Slovak Republik by : Rauf Gönenç
Download or read book Rationalising Public Expenditure in the Slovak Republik written by Rauf Gönenç and published by . This book was released on 2004 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund Publisher :INTERNATIONAL MONETARY FUND ISBN 13 :9781451835519 Total Pages :6 pages Book Rating :4.8/5 (355 download)
Book Synopsis Slovak Republic: Report on the Observance of Standards and Codes-Fiscal Transparency Module--Update by : International Monetary Fund
Download or read book Slovak Republic: Report on the Observance of Standards and Codes-Fiscal Transparency Module--Update written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-03-02 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an Update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency for the Slovak Republic. The 2003 ROSC update noted important further progress by Slovakia in bringing fiscal transparency close to international best practice, including by improving the coverage and availability of fiscal information; advancing work on international reporting standards; and improving the reporting of contingent liabilities and expenditure arrears. The government has clarified financial relations with state-owned enterprises, applying an ex ante dividend policy in preparing the public administration budget for 2005-07.
Book Synopsis Slovak Republic by : International Monetary Fund
Download or read book Slovak Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-08-19 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses the Observance of Standards and Codes on Fiscal Transparency Module for the Slovak Republic. Fiscal management and transparency in the Slovak Republic have improved substantially over the last two years, and the country now meets the fiscal transparency code’s standards in several areas. Key weaknesses in the coverage of fiscal operations and in budget preparation have been largely addressed: budget preparation is now cast within clearly identified medium-term macroeconomic framework and constraints; and budget execution and reporting have new financial control and internal audit procedures.
Book Synopsis Slovakia Public Expenditure Review Mission by :
Download or read book Slovakia Public Expenditure Review Mission written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Slovakia Public Expenditure Review Mission by : Weltbank
Download or read book Slovakia Public Expenditure Review Mission written by Weltbank and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The budget projections for 2008 - 2010 in Slovakia's latest Convergence Program envision the deficit continuing to decline to 0.8% of GDP in the context of economic growth close to the potential. Both spending and revenue shares are projected to fall and the debt to GDP ratio to remain below 30% of GDP. In the next decade, it will be necessary to exercise continued budget prudence so as to deal with spending pressures related to infrastructure development, social services (health and education), and to prepare for the budgetary implications of population ageing. In the environment of less buoyant growth and fiscal revenues, the need to establish clear spending priorities and to ensure value for money becomes more important than ever.
Book Synopsis Public Spending and the Role of the State by : Ludger Schuknecht
Download or read book Public Spending and the Role of the State written by Ludger Schuknecht and published by Cambridge University Press. This book was released on 2020-11-12 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.
Book Synopsis The Health Sector in the Slovak Republic by : Victoria Gunnarsson
Download or read book The Health Sector in the Slovak Republic written by Victoria Gunnarsson and published by International Monetary Fund. This book was released on 2007-09 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper assesses the financial situation of the health sector in the Slovak Republic. It also evaluates the efficiency of health expenditures and service delivery in comparison to the OECD and other new EU member states and suggests avenues for cost recovery and reform. The health sector of the Slovak Republic is plagued by financial problems. To turn around health system finances and achieve larger gains in health outcomes, the efficiency of health spending needs to increase and the mix and quality of real health resources need to be improved. Although Slovak's overall health spending efficiency is on par with that of the OECD, substantial inefficiencies occur in the process of transforming intermediate health inputs into health outcomes. Efficiency may be enhanced by containing the cost of drugs and reducing reliance on hospital care. Also, although cost-effectiveness may be relatively high at present, its sustainability in the future is an issue.
Book Synopsis Slovak Republic by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Slovak Republic written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-10-31 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Assistance paper assesses Slovak Republic’s public investment management framework using the IMF’s Public Investment Management Assessment (PIMA) methodology and advises the authorities on options to strengthen further the management of public investment. State-owned enterprises are major investors in infrastructure but are subject to little central oversight of their operational or financial performance. The report makes seven recommendations aimed at strengthening PIM institutions and reducing the identified efficiency gap. These recommendations focus on key bottlenecks and challenges in the investment process. Issues that warrant the authorities’ primary attention include introducing a strategic planning framework for public investment; developing a fully-operational pipeline of major projects, based on clear and robust selection criteria; and improving the credibility of the annual budget and medium-term budget ceilings. It also recommends establishing a national strategy and norms for routine and capital maintenance budgeting that will enhance the quality of strategic existing infrastructure.
Book Synopsis Benchmarking the Efficiency of Public Expenditure in the Russian Federation by : David Hauner
Download or read book Benchmarking the Efficiency of Public Expenditure in the Russian Federation written by David Hauner and published by International Monetary Fund. This book was released on 2007-10 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper benchmarks the efficiency of public expenditure in the social sectors in the Russian Federation relative to other countries and among the country's regions. It finds that there is substantial room for efficiency gains, particularly in health care and social protection, although less so in education. An econometric analysis of efficiency differences between the regions suggests that they are positively related to per capita income and the quality of governance and democratic control, while they are negatively related to the share of federal transfers in the respective region's government revenue and the level of spending relative to gross regional product.
Book Synopsis OECD Economic Surveys: Slovak Republic 2004 by : OECD
Download or read book OECD Economic Surveys: Slovak Republic 2004 written by OECD and published by OECD Publishing. This book was released on 2004-04-14 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2004 edition of OECD's periodic review of the Slovak economy includes special features on rationalising public spending, and structural reforms for enterprise and job creation.
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 Slovak Republic--joining the EU by :
Download or read book Slovak Republic--joining the EU written by and published by World Bank Publications. This book was released on 2003-01-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This study suggests an 11-point agenda for immediate policy action and a longer-term overhaul of major spending programs in the areas of education, health and social protection.
