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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Main Author: World Bank
Format: Public Expenditure Review
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2011/06/20123618/lao-pdr-public-expenditure-review
http://hdl.handle.net/10986/20265
id okr-10986-20265
recordtype oai_dc
spelling okr-10986-202652021-04-23T14:03:54Z Lao PDR Public Expenditure Review World Bank BUDGET COMPREHENSIVENESS BUDGET EXECUTION BUDGET PREPARATION EXPENDITURE PRIORITIZATION FLOW OF FUNDS PFM PFM SYSTEM IMPROVEMENTS PUBLIC FINANCIAL MANAGEMENT REVENUE ALLOCATION STAFF BUDGETING SYSTEM 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. 2014-09-29T21:23:29Z 2014-09-29T21:23:29Z 2011-06-30 http://documents.worldbank.org/curated/en/2011/06/20123618/lao-pdr-public-expenditure-review http://hdl.handle.net/10986/20265 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 East Asia and Pacific Lao People's Democratic Republic
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 BUDGET COMPREHENSIVENESS
BUDGET EXECUTION
BUDGET PREPARATION
EXPENDITURE PRIORITIZATION
FLOW OF FUNDS
PFM
PFM SYSTEM IMPROVEMENTS
PUBLIC FINANCIAL MANAGEMENT
REVENUE ALLOCATION
STAFF BUDGETING SYSTEM
spellingShingle BUDGET COMPREHENSIVENESS
BUDGET EXECUTION
BUDGET PREPARATION
EXPENDITURE PRIORITIZATION
FLOW OF FUNDS
PFM
PFM SYSTEM IMPROVEMENTS
PUBLIC FINANCIAL MANAGEMENT
REVENUE ALLOCATION
STAFF BUDGETING SYSTEM
World Bank
Lao PDR Public Expenditure Review
geographic_facet East Asia and Pacific
Lao People's Democratic Republic
description 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.
format Economic & Sector Work :: Public Expenditure Review
author World Bank
author_facet World Bank
author_sort World Bank
title Lao PDR Public Expenditure Review
title_short Lao PDR Public Expenditure Review
title_full Lao PDR Public Expenditure Review
title_fullStr Lao PDR Public Expenditure Review
title_full_unstemmed Lao PDR Public Expenditure Review
title_sort lao pdr public expenditure review
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2011/06/20123618/lao-pdr-public-expenditure-review
http://hdl.handle.net/10986/20265
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