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 |
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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 |
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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 |
_version_ |
1764445039276064768 |