Nepal : Public Expenditure Review - Roads

The report, Nepal Public Expenditure Review - Roads, was completed June 2011. The report states that the Government of Nepal has achieved several of the Millennium Development Goals (MDGs), while maintaining macroeconomic stability and prudent fi...

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Bibliographic Details
Main Author: World Bank
Format: Public Expenditure Review
Language:English
en_US
Published: Washington, DC 2013
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/2011/06/16279683/nepal-public-expenditure-review-roads
http://hdl.handle.net/10986/12518
Description
Summary:The report, Nepal Public Expenditure Review - Roads, was completed June 2011. The report states that the Government of Nepal has achieved several of the Millennium Development Goals (MDGs), while maintaining macroeconomic stability and prudent fiscal management. Strengthening public expenditure management is an ongoing reform agenda of the government's Three Year Plan, an inclusive development strategy. The World Bank is contributing to this public expenditure management-strengthening agenda through a programmatic and participatory Public Expenditure Review (PER) conducted jointly with the government, relevant sector ministries and donors. This report is the second of several in the programmatic PER to assist the government to align resources in the Three Year Plan and explore potential actions that contribute to improving public expenditure and its management. This report builds on the PER 2010 report analysis of evolving fiscal aggregates and public expenditure trends, and drills deeper into road sector public financial management issues in order to improve the sector s performance. Analysis of this report is based on the government's official data. The report recommends that there be a Strategic focus for reforms: It was recommended that institutional improvement measures be directed towards: (i) strategic policy reforms to improve compliance; (ii) building on existing institutional arrangements and their inter-linkages to strengthen institutions; and (iii) institutionalizing proven organizational management practices to improve efficiency of road institutions. It is important that these improvement measures be carried out in ways that strengthen local governance in line with national development priorities and the process of transitional management taking place in the country.