Kosovo : Policy Note on Public Investment Management
As Kosovo moves towards resolution of its political status, the attention of the authorities and of the international donor community is increasingly turning towards the need for modernization of Kosovo's economic and social infrastructure in...
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| Format: | Public Investment Review |
| Language: | English |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/10/16248069/kosovo-policy-note-public-investment-management http://hdl.handle.net/10986/8069 |
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okr-10986-80692021-04-23T14:02:36Z Kosovo : Policy Note on Public Investment Management World Bank CAPITAL SPENDING BUDGET ECONOMIC AND SOCIAL INFRASTRUCTURE MODERNIZATION PUBLIC FINANCIAL MANAGEMENT SUSTAINED ECONOMIC GROWTH AND DEVELOPMENT As Kosovo moves towards resolution of its political status, the attention of the authorities and of the international donor community is increasingly turning towards the need for modernization of Kosovo's economic and social infrastructure in order to facilitate sustained economic growth and development. This note looks further into the underlying causes and the actions that will be required to address them. The main conclusions of the note are that the fundamental causes of under spending on the capital spending program lie in the failure to plan and manage the program within a medium-term context and in the institutional capacity constraints that currently confront the public finance management (PFM) system. The note begins by providing a brief overview of the scale and composition of Kosovo's capital spending program (section B) and the institutional arrangements for public investment management (section C). It then goes on to look at the causes of the fall in the execution of the capital spending budget that occurred in 2006 (section D), and to consider in more detail issues relating to capital investment identification and development (section E), budget preparation and financing (section F), and capital budget execution, procurement and monitoring (section G). The final section summarizes the key conclusions and next steps actions (section H). A summary of the analysis is provided in the assessment framework that is included in annex I. 2012-06-14T18:56:46Z 2012-06-14T18:56:46Z 2007-10 http://documents.worldbank.org/curated/en/2007/10/16248069/kosovo-policy-note-public-investment-management http://hdl.handle.net/10986/8069 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Investment Review Economic & Sector Work Europe and Central Asia Kosovo |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
CAPITAL SPENDING BUDGET ECONOMIC AND SOCIAL INFRASTRUCTURE MODERNIZATION PUBLIC FINANCIAL MANAGEMENT SUSTAINED ECONOMIC GROWTH AND DEVELOPMENT |
| spellingShingle |
CAPITAL SPENDING BUDGET ECONOMIC AND SOCIAL INFRASTRUCTURE MODERNIZATION PUBLIC FINANCIAL MANAGEMENT SUSTAINED ECONOMIC GROWTH AND DEVELOPMENT World Bank Kosovo : Policy Note on Public Investment Management |
| geographic_facet |
Europe and Central Asia Kosovo |
| description |
As Kosovo moves towards resolution of
its political status, the attention of the authorities and
of the international donor community is increasingly turning
towards the need for modernization of Kosovo's economic
and social infrastructure in order to facilitate sustained
economic growth and development. This note looks further
into the underlying causes and the actions that will be
required to address them. The main conclusions of the note
are that the fundamental causes of under spending on the
capital spending program lie in the failure to plan and
manage the program within a medium-term context and in the
institutional capacity constraints that currently confront
the public finance management (PFM) system. The note begins
by providing a brief overview of the scale and composition
of Kosovo's capital spending program (section B) and
the institutional arrangements for public investment
management (section C). It then goes on to look at the
causes of the fall in the execution of the capital spending
budget that occurred in 2006 (section D), and to consider in
more detail issues relating to capital investment
identification and development (section E), budget
preparation and financing (section F), and capital budget
execution, procurement and monitoring (section G). The final
section summarizes the key conclusions and next steps
actions (section H). A summary of the analysis is provided
in the assessment framework that is included in annex I. |
| format |
Economic & Sector Work :: Public Investment Review |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Kosovo : Policy Note on Public Investment Management |
| title_short |
Kosovo : Policy Note on Public Investment Management |
| title_full |
Kosovo : Policy Note on Public Investment Management |
| title_fullStr |
Kosovo : Policy Note on Public Investment Management |
| title_full_unstemmed |
Kosovo : Policy Note on Public Investment Management |
| title_sort |
kosovo : policy note on public investment management |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/10/16248069/kosovo-policy-note-public-investment-management http://hdl.handle.net/10986/8069 |
| _version_ |
1764403769462751232 |