An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears

The Coronavirus (COVID-19) pandemic introduced tremendous fiscal pressures for many countries, requiring additional spending to mitigate the health, economic, and social impacts of the pandemic while government revenues are falling. Governments are...

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Main Authors:	Utz, Robert, Mastruzzi, Massimo, Vazquez Ahued, Francisco, Tawfik, Ehab
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	CORONAVIRUS COVID-19 PANDEMIC IMPACT PUBLIC EXPENDITURE MANAGEMENT PUBLIC FINANCIAL MANAGEMENT FINANCIAL CRISIS ARREARS ACCUMULATION REVENUE SHOCK FISCAL TRENDS
Online Access:	http://documents.worldbank.org/curated/en/673331610536300640/An-Overview-of-the-Potential-Impact-of-the-COVID-19-Crisis-on-the-Accumulation-of-Government-Expenditure-Arrears http://hdl.handle.net/10986/35042

id	okr-10986-35042
recordtype	oai_dc
spelling	okr-10986-350422021-04-23T14:02:14Z An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears Utz, Robert Mastruzzi, Massimo Vazquez Ahued, Francisco Tawfik, Ehab CORONAVIRUS COVID-19 PANDEMIC IMPACT PUBLIC EXPENDITURE MANAGEMENT PUBLIC FINANCIAL MANAGEMENT FINANCIAL CRISIS ARREARS ACCUMULATION REVENUE SHOCK FISCAL TRENDS The Coronavirus (COVID-19) pandemic introduced tremendous fiscal pressures for many countries, requiring additional spending to mitigate the health, economic, and social impacts of the pandemic while government revenues are falling. Governments are addressing these fiscal pressures through a range of measures, including additional borrowing and expenditure adjustments. In environments where fiscal space is tight and public expenditure management is weak, the accumulation of government expenditure arrears is likely. This note presents some early data on the impact of these fiscal pressures on government arrears in low income countries. 2021-01-25T16:53:31Z 2021-01-25T16:53:31Z 2021-01 Working Paper http://documents.worldbank.org/curated/en/673331610536300640/An-Overview-of-the-Potential-Impact-of-the-COVID-19-Crisis-on-the-Accumulation-of-Government-Expenditure-Arrears http://hdl.handle.net/10986/35042 English Equitable Growth, Finance and Institutions Insight; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	CORONAVIRUS COVID-19 PANDEMIC IMPACT PUBLIC EXPENDITURE MANAGEMENT PUBLIC FINANCIAL MANAGEMENT FINANCIAL CRISIS ARREARS ACCUMULATION REVENUE SHOCK FISCAL TRENDS
spellingShingle	CORONAVIRUS COVID-19 PANDEMIC IMPACT PUBLIC EXPENDITURE MANAGEMENT PUBLIC FINANCIAL MANAGEMENT FINANCIAL CRISIS ARREARS ACCUMULATION REVENUE SHOCK FISCAL TRENDS Utz, Robert Mastruzzi, Massimo Vazquez Ahued, Francisco Tawfik, Ehab An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears
relation	Equitable Growth, Finance and Institutions Insight;
description	The Coronavirus (COVID-19) pandemic introduced tremendous fiscal pressures for many countries, requiring additional spending to mitigate the health, economic, and social impacts of the pandemic while government revenues are falling. Governments are addressing these fiscal pressures through a range of measures, including additional borrowing and expenditure adjustments. In environments where fiscal space is tight and public expenditure management is weak, the accumulation of government expenditure arrears is likely. This note presents some early data on the impact of these fiscal pressures on government arrears in low income countries.
format	Working Paper
author	Utz, Robert Mastruzzi, Massimo Vazquez Ahued, Francisco Tawfik, Ehab
author_facet	Utz, Robert Mastruzzi, Massimo Vazquez Ahued, Francisco Tawfik, Ehab
author_sort	Utz, Robert
title	An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears
title_short	An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears
title_full	An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears
title_fullStr	An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears
title_full_unstemmed	An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears
title_sort	overview of the potential impact of the covid-19 crisis on the accumulation of government expenditure arrears
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/en/673331610536300640/An-Overview-of-the-Potential-Impact-of-the-COVID-19-Crisis-on-the-Accumulation-of-Government-Expenditure-Arrears http://hdl.handle.net/10986/35042
_version_	1764482199590010880

An Overview of the Potential Impact of the COVID-19 Crisis on the Accumulation of Government Expenditure Arrears

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