Burundi Public Expenditure Review : Strengthening Fiscal Resilience to Promote Government Effectiveness
This public expenditure review is prepared by the World Bank, in close collaboration with the government of Burundi. This document highlights the significant progress made by Burundi in the recent past. The most notable recent achievement has been...
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Format: | Economic & Sector Work |
Language: | English en_US |
Published: |
Washington, DC
2015
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Online Access: | http://documents.worldbank.org/curated/en/2013/12/23075807/burundi-public-expenditure-review-strengthening-fiscal-resilience-promote-government-effectiveness http://hdl.handle.net/10986/21283 |
Summary: | This public expenditure review is
prepared by the World Bank, in close collaboration with the
government of Burundi. This document highlights the
significant progress made by Burundi in the recent past. The
most notable recent achievement has been the improvement of
indicators in the sectors of health, education and gender.
In spite of such progress however, it is observed that
economic growth remains weak and gross domestic product
(GDP) rates are below expectations. Burundi is therefore
vulnerable to different sources of shocks, especially
external as a result of increasing prices of imported food
and fuel, the price volatility of tea and coffee exports,
climate change, and declining aid transfers. The main
objective of the public expenditure review is to assist the
government in its efforts to escape fragility by focusing on
two important and complementary themes: 1) creating adequate
fiscal space to reduce the impact of future shocks; and 2)
using the available fiscal space to improve public
expenditure management and promote government effectiveness. |
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