Lao PDR Public Expenditure Review
This Public Expenditure Review starts by looking at the country s macro-fiscal performance in chapter one, it examines the implementation of the Nam Theun 2 (NT2) Revenue Management Arrangements (RMA) by which the government committed itself to con...
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| Format: | Public Expenditure Review |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2011/06/20123618/lao-pdr-public-expenditure-review http://hdl.handle.net/10986/20265 |
| Summary: | This Public Expenditure Review starts by
looking at the country s macro-fiscal performance in chapter
one, it examines the implementation of the Nam Theun 2 (NT2)
Revenue Management Arrangements (RMA) by which the
government committed itself to continued strengthening of
PFM and the selection of eligible pro-poor and
environmental conservation projects to be funded from NT2
revenues in chapter two, and takes stock of issues relating
to expenditure prioritization and centralization of tax,
treasury, and customs department in chapter three on Public
Finance In this way, the PER responds to the commitment made
to stakeholders in the hydropower dam project that
implementation of the RMA would be reported on in successive
Public Expenditure Reviews (PER). The PER then review the
intergovernmental fiscal arrangements, as they have evolved
since the new organic Budget Law was promulgated in 2006.
Currently, central, provincial and district governments are
considered deconcentrated elements of a single level
executive. In practice provincial governors enjoy
considerable autonomy, causing variation in the
implementation of national policies. The government,
however, is moving towards a more transparent, rules based
intergovernmental fiscal system. PER-IFA-2007 provided some
initial analysis and comments on such a transformation.
Finally, Chapter four look in greater detail at the current
system of revenue and expenditure assignments and transfers,
and how they work in practice. It then discusses the
challenges in designing a new system of inter-governmental
relations with reduced vertical and horizontal imbalances. |
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