Nicaragua - Public Expenditure Review : Improving the Poverty Focus of Public Spending
This Public Expenditure Review has two broad objectives. The first is to analyze the pattern and evolution of public expenditures in Nicaragua with a view toward assessing their consistency with the priorities expressed in the recent Poverty Reduct...
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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/2001/12/1695618/nicaragua-public-expenditure-review-improving-poverty-focus-public-spending http://hdl.handle.net/10986/15446 |
Summary: | This Public Expenditure Review has two
broad objectives. The first is to analyze the pattern and
evolution of public expenditures in Nicaragua with a view
toward assessing their consistency with the priorities
expressed in the recent Poverty Reduction Strategy Paper
(PRSP), as well as recommending ways to improve their
poverty reducing impact. The PRSP puts heavy emphasis on the
social sectors and the rural sectors: projects in these
sectors account for 80 percent of the total portfolio of
poverty reducing projects. Accordingly, the sector reviews
in this report mainly focus on these two sectors plus
transport, which has the single largest sector investment
program. Municipal finances are not covered for lack of
adequate information. The second objective of the PER is to
diagnose Nicaragua's institutional capacity to
implement the poverty reduction programs to be defined in
the PRSP and recommend measures for raising that capacity.
The Joint Staff Assessment of the Interim and full PRSP
point toward the need to proioritize further the poverty
reducing projects and programs envisaged by the government.
Such a prioritization is likely to require a significant
reallocation of public resources that could strain the
limited capacity of the public sector's planning and
budgeting framework. As part of this institutional
diagnosis, the PER also evaluates the tracking mechanism to
monitor the use of HIPC funds, and recommends measures for
strengthening it. |
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