Samoa Public Expenditure Review Notes : Taking Stock of Expenditure Trends from FY06-FY12
Samoa's fiscal position and the structure of its budget have evolved markedly in recent years. Samoa had built up sufficient fiscal space in the early to mid-2000s to be able to respond to a major exogenous shock. The objective of the public e...
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Format: | Public Expenditure Review |
Language: | English en_US |
Published: |
Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/03/19393773/samoa-public-expenditure-review-notes-taking-stock-expenditure-trends-fy2006-fy12 http://hdl.handle.net/10986/18248 |
Summary: | Samoa's fiscal position and the
structure of its budget have evolved markedly in recent
years. Samoa had built up sufficient fiscal space in the
early to mid-2000s to be able to respond to a major
exogenous shock. The objective of the public expenditure
review (PER) notes is to assist the Government of Samoa
(GoS) in taking stock of the evolving expenditure trends in
recent years and to strengthen the analytical basis for the
management of public expenditure. Financial management
information systems (FMIS) data was consistently classified
and supplemented with project grant and loan related data
from ministry of finance accounts to compile a full database
of domestically and externally funded expenditure. The
analysis of the public wage bill combines FMIS data with
data from the payroll system. It also incorporates payroll
data from the accounts of the largest public agencies to
present approximate estimates of payroll trends for the
whole government for the first time. This note will look
backwards to take stock of the factors that accounted for
fiscal expansion since FY2006, and look ahead to highlight
the impact of cyclone Evan on the fiscal position from 2013
onwards. The first part of the note will review trends in
public expenditure, revenues, grants, financing, and budget
execution to provide insight into which aspects resource
allocation have changed the most in real terms from 2006 to
2012, and decompose trends to identify the main drivers of
growth in the budget. The second part of the note focuses on
the impact of cyclone Evan on Samoa's fiscal position
from 2013 onwards, and presents projections of the fiscal
path in long-term in light of higher deficit and debt levels. |
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