Socialist People's Libyan Arab Jamahiriya : A Public Expenditure Review, Volume 2. Main Report

Libya's 2008-12 development programs is the biggest and most ambitious Public Investment Program (PIP) ever. Public expenditure has also been pro-poor. Past outcomes show that Libyan authorities have worked on their macroeconomic and social fu...

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Main Author: World Bank
Format: Public Expenditure Review
Language:English
en_US
Published: Washington, DC 2013
Subjects:
BID
CPI
OIL
TAX
Online Access:http://documents.worldbank.org/curated/en/2009/09/17235182/socialist-peoples-libyan-arab-jamahiriya-public-expenditure-review-vol-2-3-main-report
http://hdl.handle.net/10986/13258
id okr-10986-13258
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
ACCOUNTABILITY MECHANISMS
ACCOUNTING
ADEQUATE RESPONSE
ALLOCATION
ANNUAL RATE
BALANCE OF PAYMENTS
BANK ACCOUNTS
BANKING SECTOR
BANKING SECTOR REFORM
BANKING SYSTEM
BID
BUDGET ALLOCATIONS
BUDGET BALANCE
BUDGET CONSTRAINT
BUDGET CYCLE
BUDGET DECISIONS
BUDGET EXECUTION
BUDGET OFFICIALS
BUDGET PREPARATION
BUDGET PROCESS
BUDGET UNIFICATION
BUDGETARY MANAGEMENT
CAPITAL EXPENDITURE
CAPITAL EXPENDITURES
CAPITAL OUTLAYS
CASH TRANSFER
CASH TRANSFERS
CENTRAL BANK
CENTRAL GOVERNMENT
CIVIL SERVANTS
CIVIL SERVICE
CIVIL SERVICE REFORM
COMPOSITION OF GOVERNMENT SPENDING
CONSUMER PRICE INDEX
CPI
CURRENT ACCOUNT SURPLUS
DATA COLLECTION
DEBT
DECENTRALIZATION
DECISION MAKING
DEFICITS
DEPOSITS
DISBURSEMENTS
DISCOUNT RATE
DISCOUNT RATES
DOMESTIC DEMAND
DUAL BUDGETING
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
EDUCATIONAL ACHIEVEMENT
ELECTRICITY
ENVIRONMENTAL
EXCHANGE RATE
EXPENDITURE BUDGET
EXPENDITURE ENVELOPE
EXPENDITURE GROWTH
EXPENDITURE LEVEL
EXPENDITURE PLANS
EXPENDITURE PROGRAMMING
EXPENDITURE PROGRAMS
EXPENDITURE RESPONSIBILITY
EXPENDITURES
FINANCIAL ACCOUNTABILITY
FINANCIAL ASSETS
FINANCIAL CRISIS
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEM
FINANCIAL SECTOR
FINANCIAL STABILITY
FINANCIAL STATISTICS
FISCAL ACCOUNTS
FISCAL BALANCE
FISCAL DEFICIT
FISCAL IMBALANCES
FISCAL MANAGEMENT
FISCAL PATTERNS
FISCAL POLICIES
FISCAL POLICY
FISCAL POSITION
FISCAL STANCE
FISCAL SUSTAINABILITY
FISHING
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE MARKET
FUND MANAGEMENT
GOVERNMENT DEBT
GOVERNMENT FINANCES
GOVERNMENT REVENUE
GOVERNMENT REVENUES
GROSS DOMESTIC PRODUCT
GROWTH RATE
HEALTH CARE
HEALTH SECTOR
HEALTH SERVICES
HOUSING
HUMAN DEVELOPMENT
IMPORT COSTS
INFLATION
INFLATION RATES
INFLATIONARY PRESSURES
INFORMATION SYSTEM
INFORMATION TECHNOLOGY
INTEREST INCOME
INTEREST RATES
INTERGENERATIONAL EQUITY
INTERNATIONAL STANDARDS
INVESTING
INVESTMENT DECISIONS
INVESTMENT PROJECTS
JUDICIAL REFORM
LABOR FORCE
LACK OF TRANSPARENCY
LEGAL ENVIRONMENT
LIQUIDITY
LOCAL CURRENCY
MACROECONOMIC MODEL
MACROECONOMIC STABILITY
MACROECONOMIC STABILIZATION
MARGINAL COST
MARGINAL COSTS
MARKET PRICES
MEDIUM-TERM EXPENDITURE
MEDIUM-TERM EXPENDITURE FRAMEWORK
MINISTRIES OF FINANCE
MONETARY FUND
MULTIYEAR PROGRAM
MUNICIPALITIES
NATIONAL ACCOUNTS
NATIONAL DEVELOPMENT
NATIONAL INCOME
NATIONAL PLANNING
NATURAL RESOURCES
NET LENDING
NET PRESENT VALUE
OIL
OIL BOOM
OIL PRICE
OIL PRICES
OIL RESERVE
OIL RESERVES
OIL RESOURCES
POLICY FORMULATION
POLITICAL DECENTRALIZATION
POLITICAL ECONOMY
POPULATION GROWTH
PORTFOLIO
PRESENT VALUE
PRICE INDEX
PRICE SENSITIVITY
PRIVATE SECTOR
PRIVATE SECTOR PARTICIPATION
PROGRAMS
PROVEN OIL RESERVES
PUBLIC
PUBLIC ADMINISTRATION
PUBLIC ENTITIES
PUBLIC EXPENDITURE
PUBLIC EXPENDITURE MANAGEMENT
PUBLIC EXPENDITURE PATTERNS
PUBLIC EXPENDITURE REVIEW
PUBLIC EXPENDITURES
PUBLIC INVESTMENT
PUBLIC INVESTMENT BUDGETING
PUBLIC INVESTMENT PROGRAM
PUBLIC INVESTMENTS
PUBLIC RESOURCES
PUBLIC SECTOR
PUBLIC SERVANTS
PUBLIC SERVICES
PUBLIC SPENDING
PUBLIC UTILITIES
PUBLIC WORKS
PUBLIC WORKS PROJECTS
QUALITY OF EDUCATION
REAL GROWTH
REAL INTEREST
REAL INTEREST RATE
REFORM EFFORTS
REFORM PROGRAM
RESERVE FUND
RETURN
ROAD MAINTENANCE
ROADS
SANITATION
SECTOR EXPENDITURE
SECTORAL ANALYSES
SOCIAL EXPENDITURE
SOCIAL GAINS
SOCIAL INDICATORS
SOCIAL INFRASTRUCTURE
SOCIAL PROGRAMS
SOCIAL SECURITY
SPENDING LEVELS
STAGFLATION
SUSTAINABILITY ANALYSIS
TAX
TAX REVENUE
TELECOMMUNICATIONS
TOTAL EXPENDITURE
TOTAL EXPENDITURES
TOTAL TAX REVENUE
TRANSPARENCY
TYPES OF EXPENDITURES
UNCERTAINTY
UNIVERSAL ACCESS
USER CHARGES
WAGES
spellingShingle ACCOUNTABILITY
ACCOUNTABILITY MECHANISMS
ACCOUNTING
ADEQUATE RESPONSE
ALLOCATION
ANNUAL RATE
BALANCE OF PAYMENTS
BANK ACCOUNTS
BANKING SECTOR
BANKING SECTOR REFORM
BANKING SYSTEM
BID
BUDGET ALLOCATIONS
BUDGET BALANCE
BUDGET CONSTRAINT
BUDGET CYCLE
BUDGET DECISIONS
BUDGET EXECUTION
BUDGET OFFICIALS
BUDGET PREPARATION
BUDGET PROCESS
BUDGET UNIFICATION
BUDGETARY MANAGEMENT
CAPITAL EXPENDITURE
CAPITAL EXPENDITURES
CAPITAL OUTLAYS
CASH TRANSFER
CASH TRANSFERS
CENTRAL BANK
CENTRAL GOVERNMENT
CIVIL SERVANTS
CIVIL SERVICE
CIVIL SERVICE REFORM
COMPOSITION OF GOVERNMENT SPENDING
CONSUMER PRICE INDEX
CPI
CURRENT ACCOUNT SURPLUS
DATA COLLECTION
DEBT
DECENTRALIZATION
DECISION MAKING
DEFICITS
DEPOSITS
DISBURSEMENTS
DISCOUNT RATE
DISCOUNT RATES
DOMESTIC DEMAND
DUAL BUDGETING
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
EDUCATIONAL ACHIEVEMENT
ELECTRICITY
ENVIRONMENTAL
EXCHANGE RATE
EXPENDITURE BUDGET
EXPENDITURE ENVELOPE
EXPENDITURE GROWTH
EXPENDITURE LEVEL
EXPENDITURE PLANS
EXPENDITURE PROGRAMMING
EXPENDITURE PROGRAMS
EXPENDITURE RESPONSIBILITY
EXPENDITURES
FINANCIAL ACCOUNTABILITY
FINANCIAL ASSETS
FINANCIAL CRISIS
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEM
FINANCIAL SECTOR
FINANCIAL STABILITY
FINANCIAL STATISTICS
FISCAL ACCOUNTS
FISCAL BALANCE
FISCAL DEFICIT
FISCAL IMBALANCES
FISCAL MANAGEMENT
FISCAL PATTERNS
FISCAL POLICIES
FISCAL POLICY
FISCAL POSITION
FISCAL STANCE
FISCAL SUSTAINABILITY
FISHING
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE MARKET
FUND MANAGEMENT
GOVERNMENT DEBT
GOVERNMENT FINANCES
GOVERNMENT REVENUE
GOVERNMENT REVENUES
GROSS DOMESTIC PRODUCT
GROWTH RATE
HEALTH CARE
HEALTH SECTOR
HEALTH SERVICES
HOUSING
HUMAN DEVELOPMENT
IMPORT COSTS
INFLATION
INFLATION RATES
INFLATIONARY PRESSURES
INFORMATION SYSTEM
INFORMATION TECHNOLOGY
INTEREST INCOME
INTEREST RATES
INTERGENERATIONAL EQUITY
INTERNATIONAL STANDARDS
INVESTING
INVESTMENT DECISIONS
INVESTMENT PROJECTS
JUDICIAL REFORM
LABOR FORCE
LACK OF TRANSPARENCY
LEGAL ENVIRONMENT
LIQUIDITY
LOCAL CURRENCY
MACROECONOMIC MODEL
MACROECONOMIC STABILITY
MACROECONOMIC STABILIZATION
MARGINAL COST
MARGINAL COSTS
MARKET PRICES
MEDIUM-TERM EXPENDITURE
MEDIUM-TERM EXPENDITURE FRAMEWORK
MINISTRIES OF FINANCE
MONETARY FUND
MULTIYEAR PROGRAM
MUNICIPALITIES
NATIONAL ACCOUNTS
NATIONAL DEVELOPMENT
NATIONAL INCOME
NATIONAL PLANNING
NATURAL RESOURCES
NET LENDING
NET PRESENT VALUE
OIL
OIL BOOM
OIL PRICE
OIL PRICES
OIL RESERVE
OIL RESERVES
OIL RESOURCES
POLICY FORMULATION
POLITICAL DECENTRALIZATION
POLITICAL ECONOMY
POPULATION GROWTH
PORTFOLIO
PRESENT VALUE
PRICE INDEX
PRICE SENSITIVITY
PRIVATE SECTOR
PRIVATE SECTOR PARTICIPATION
PROGRAMS
PROVEN OIL RESERVES
PUBLIC
PUBLIC ADMINISTRATION
PUBLIC ENTITIES
PUBLIC EXPENDITURE
PUBLIC EXPENDITURE MANAGEMENT
PUBLIC EXPENDITURE PATTERNS
PUBLIC EXPENDITURE REVIEW
PUBLIC EXPENDITURES
PUBLIC INVESTMENT
PUBLIC INVESTMENT BUDGETING
PUBLIC INVESTMENT PROGRAM
PUBLIC INVESTMENTS
PUBLIC RESOURCES
PUBLIC SECTOR
PUBLIC SERVANTS
PUBLIC SERVICES
PUBLIC SPENDING
PUBLIC UTILITIES
PUBLIC WORKS
PUBLIC WORKS PROJECTS
QUALITY OF EDUCATION
REAL GROWTH
REAL INTEREST
REAL INTEREST RATE
REFORM EFFORTS
REFORM PROGRAM
RESERVE FUND
RETURN
ROAD MAINTENANCE
ROADS
SANITATION
SECTOR EXPENDITURE
SECTORAL ANALYSES
SOCIAL EXPENDITURE
SOCIAL GAINS
SOCIAL INDICATORS
SOCIAL INFRASTRUCTURE
SOCIAL PROGRAMS
SOCIAL SECURITY
SPENDING LEVELS
STAGFLATION
SUSTAINABILITY ANALYSIS
TAX
TAX REVENUE
TELECOMMUNICATIONS
TOTAL EXPENDITURE
TOTAL EXPENDITURES
TOTAL TAX REVENUE
TRANSPARENCY
TYPES OF EXPENDITURES
UNCERTAINTY
UNIVERSAL ACCESS
USER CHARGES
WAGES
World Bank
Socialist People's Libyan Arab Jamahiriya : A Public Expenditure Review, Volume 2. Main Report
geographic_facet Middle East and North Africa
Libya
description Libya's 2008-12 development programs is the biggest and most ambitious Public Investment Program (PIP) ever. Public expenditure has also been pro-poor. Past outcomes show that Libyan authorities have worked on their macroeconomic and social fundamentals, so as to have a solid base to sustain its steady progress toward building a market-based economy and reintegrating into the world economy. Making optimal use of a sizable public expenditure, and especially public investment, is an essential component of achieving this strategy. The reports built upon the framework of fiscal management in oil-dependent economies, which features three parts. The first deals with collecting and saving oil revenues, leading to one stream of a large literature exploring both fiscal sustainability and the pros and cons of alternative models of an oil stabilization fund. The second deals with development spending, leading to a second stream of a large literature assessing standards in public investment and the many effects of sizable public investment programs. The third deals with financing current spending, such as wages, subsidies, or social programs, addressing the ongoing civil service reform and the Wealth Distribution Program (WDP).
format Economic & Sector Work :: Public Expenditure Review
author World Bank
author_facet World Bank
author_sort World Bank
title Socialist People's Libyan Arab Jamahiriya : A Public Expenditure Review, Volume 2. Main Report
title_short Socialist People's Libyan Arab Jamahiriya : A Public Expenditure Review, Volume 2. Main Report
title_full Socialist People's Libyan Arab Jamahiriya : A Public Expenditure Review, Volume 2. Main Report
title_fullStr Socialist People's Libyan Arab Jamahiriya : A Public Expenditure Review, Volume 2. Main Report
title_full_unstemmed Socialist People's Libyan Arab Jamahiriya : A Public Expenditure Review, Volume 2. Main Report
title_sort socialist people's libyan arab jamahiriya : a public expenditure review, volume 2. main report
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2009/09/17235182/socialist-peoples-libyan-arab-jamahiriya-public-expenditure-review-vol-2-3-main-report
http://hdl.handle.net/10986/13258
_version_ 1764422588961914880
spelling okr-10986-132582021-04-23T14:03:06Z Socialist People's Libyan Arab Jamahiriya : A Public Expenditure Review, Volume 2. Main Report World Bank ACCOUNTABILITY ACCOUNTABILITY MECHANISMS ACCOUNTING ADEQUATE RESPONSE ALLOCATION ANNUAL RATE BALANCE OF PAYMENTS BANK ACCOUNTS BANKING SECTOR BANKING SECTOR REFORM BANKING SYSTEM BID BUDGET ALLOCATIONS BUDGET BALANCE BUDGET CONSTRAINT BUDGET CYCLE BUDGET DECISIONS BUDGET EXECUTION BUDGET OFFICIALS BUDGET PREPARATION BUDGET PROCESS BUDGET UNIFICATION BUDGETARY MANAGEMENT CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL OUTLAYS CASH TRANSFER CASH TRANSFERS CENTRAL BANK CENTRAL GOVERNMENT CIVIL SERVANTS CIVIL SERVICE CIVIL SERVICE REFORM COMPOSITION OF GOVERNMENT SPENDING CONSUMER PRICE INDEX CPI CURRENT ACCOUNT SURPLUS DATA COLLECTION DEBT DECENTRALIZATION DECISION MAKING DEFICITS DEPOSITS DISBURSEMENTS DISCOUNT RATE DISCOUNT RATES DOMESTIC DEMAND DUAL BUDGETING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE EDUCATIONAL ACHIEVEMENT ELECTRICITY ENVIRONMENTAL EXCHANGE RATE EXPENDITURE BUDGET EXPENDITURE ENVELOPE EXPENDITURE GROWTH EXPENDITURE LEVEL EXPENDITURE PLANS EXPENDITURE PROGRAMMING EXPENDITURE PROGRAMS EXPENDITURE RESPONSIBILITY EXPENDITURES FINANCIAL ACCOUNTABILITY FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEM FINANCIAL SECTOR FINANCIAL STABILITY FINANCIAL STATISTICS FISCAL ACCOUNTS FISCAL BALANCE FISCAL DEFICIT FISCAL IMBALANCES FISCAL MANAGEMENT FISCAL PATTERNS FISCAL POLICIES FISCAL POLICY FISCAL POSITION FISCAL STANCE FISCAL SUSTAINABILITY FISHING FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FUND MANAGEMENT GOVERNMENT DEBT GOVERNMENT FINANCES GOVERNMENT REVENUE GOVERNMENT REVENUES GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH CARE HEALTH SECTOR HEALTH SERVICES HOUSING HUMAN DEVELOPMENT IMPORT COSTS INFLATION INFLATION RATES INFLATIONARY PRESSURES INFORMATION SYSTEM INFORMATION TECHNOLOGY INTEREST INCOME INTEREST RATES INTERGENERATIONAL EQUITY INTERNATIONAL STANDARDS INVESTING INVESTMENT DECISIONS INVESTMENT PROJECTS JUDICIAL REFORM LABOR FORCE LACK OF TRANSPARENCY LEGAL ENVIRONMENT LIQUIDITY LOCAL CURRENCY MACROECONOMIC MODEL MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MARGINAL COST MARGINAL COSTS MARKET PRICES MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORK MINISTRIES OF FINANCE MONETARY FUND MULTIYEAR PROGRAM MUNICIPALITIES NATIONAL ACCOUNTS NATIONAL DEVELOPMENT NATIONAL INCOME NATIONAL PLANNING NATURAL RESOURCES NET LENDING NET PRESENT VALUE OIL OIL BOOM OIL PRICE OIL PRICES OIL RESERVE OIL RESERVES OIL RESOURCES POLICY FORMULATION POLITICAL DECENTRALIZATION POLITICAL ECONOMY POPULATION GROWTH PORTFOLIO PRESENT VALUE PRICE INDEX PRICE SENSITIVITY PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PROGRAMS PROVEN OIL RESERVES PUBLIC PUBLIC ADMINISTRATION PUBLIC ENTITIES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE PATTERNS PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC INVESTMENT PUBLIC INVESTMENT BUDGETING PUBLIC INVESTMENT PROGRAM PUBLIC INVESTMENTS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVANTS PUBLIC SERVICES PUBLIC SPENDING PUBLIC UTILITIES PUBLIC WORKS PUBLIC WORKS PROJECTS QUALITY OF EDUCATION REAL GROWTH REAL INTEREST REAL INTEREST RATE REFORM EFFORTS REFORM PROGRAM RESERVE FUND RETURN ROAD MAINTENANCE ROADS SANITATION SECTOR EXPENDITURE SECTORAL ANALYSES SOCIAL EXPENDITURE SOCIAL GAINS SOCIAL INDICATORS SOCIAL INFRASTRUCTURE SOCIAL PROGRAMS SOCIAL SECURITY SPENDING LEVELS STAGFLATION SUSTAINABILITY ANALYSIS TAX TAX REVENUE TELECOMMUNICATIONS TOTAL EXPENDITURE TOTAL EXPENDITURES TOTAL TAX REVENUE TRANSPARENCY TYPES OF EXPENDITURES UNCERTAINTY UNIVERSAL ACCESS USER CHARGES WAGES Libya's 2008-12 development programs is the biggest and most ambitious Public Investment Program (PIP) ever. Public expenditure has also been pro-poor. Past outcomes show that Libyan authorities have worked on their macroeconomic and social fundamentals, so as to have a solid base to sustain its steady progress toward building a market-based economy and reintegrating into the world economy. Making optimal use of a sizable public expenditure, and especially public investment, is an essential component of achieving this strategy. The reports built upon the framework of fiscal management in oil-dependent economies, which features three parts. The first deals with collecting and saving oil revenues, leading to one stream of a large literature exploring both fiscal sustainability and the pros and cons of alternative models of an oil stabilization fund. The second deals with development spending, leading to a second stream of a large literature assessing standards in public investment and the many effects of sizable public investment programs. The third deals with financing current spending, such as wages, subsidies, or social programs, addressing the ongoing civil service reform and the Wealth Distribution Program (WDP). 2013-04-23T15:10:18Z 2013-04-23T15:10:18Z 2009-09-30 http://documents.worldbank.org/curated/en/2009/09/17235182/socialist-peoples-libyan-arab-jamahiriya-public-expenditure-review-vol-2-3-main-report http://hdl.handle.net/10986/13258 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Middle East and North Africa Libya