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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Bibliographic Details
Main Author: World Bank
Format: Economic & Sector Work
Language:English
en_US
Published: Washington, DC 2015
Subjects:
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
Description
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.