Burundi - Public Expenditure Review : Improving the Efficiency of Public Investment
This report reviews the state of public expenditure in Burundi, with a focus on public investment, and recommends specific actions that need to be taken to stimulate growth and reduce poverty. Overall, the analysis indicates that poor performance i...
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| Format: | Public Expenditure Review |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2010/10/16207544/burundi-improving-efficiency-public-investment-public-expenditure-review http://hdl.handle.net/10986/12575 |
| Summary: | This report reviews the state of public
expenditure in Burundi, with a focus on public investment,
and recommends specific actions that need to be taken to
stimulate growth and reduce poverty. Overall, the analysis
indicates that poor performance in public expenditure and
investment management are due to a number of factors. First,
there is a lack of coordination among national institutions,
and between those institutions and the donor community,
which weakens the project selection process, implementation,
and the integrity of procurement. Second, monitoring
capacity is constrained by the lack of information about
execution rates, and by inadequate audit and reporting
mechanisms. Third, project performance is affected by
disbursement delays and the volatility of external aid.
Finally, in recent years, the significant increase in
development spending has been mostly channeled toward the
social sectors, with very limited public investment related
to productive economic sectors such as infrastructure. |
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