Dominica : OECS Fiscal Issues, Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures
This report concludes that during FY1993/94 to FY002/03 the fiscal policy implemented by the government of Dominica was unsustainable and posed a risk to the stability of the currency board arrangement. Moreover, this report recommends that most of the adjustment required to achieve a sustainable fi...
Main Author: | |
---|---|
Format: | Public Expenditure Review |
Language: | English en_US |
Published: |
Washington, DC
2012
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2005/06/6133528/dominica-oecs-fiscal-issues-policies-achieve-fiscal-sustainability-improve-efficiency-equity-public-expenditures http://hdl.handle.net/10986/8681 |
id |
okr-10986-8681 |
---|---|
recordtype |
oai_dc |
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 |
ACCOUNTABILITY ADMINISTRATIVE PROCEDURES AGING AUTHORITY BORROWING BUDGET EXECUTION BUDGET MANAGEMENT BUDGET REFORM CAPITAL EXPENDITURES CASH MANAGEMENT CENTRAL GOVERNMENT CLINICS CONSOLIDATION CONSTITUTION CONSUMER SATISFACTION COUNCILS DEBENTURES DEBT MANAGEMENT DEBT RESTRUCTURING DEBT SERVICE DEPENDENT TERRITORIES DISASTERS DOMESTIC BORROWING EASTERN CARIBBEAN CENTRAL BANK ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC SHOCKS ECONOMIES OF SCALE EDUCATION EIB EXCHANGE RATE EXECUTION EXPENDITURE FINANCIAL ACCOUNTABILITY FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL SERVICES FISCAL FISCAL CRISIS FISCAL DEFICIT FISCAL DEFICITS FISCAL MANAGEMENT FISCAL MEASURES FISCAL PERFORMANCE FISCAL POLICIES FISCAL POLICY FISCAL REFORM FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN LOANS GIRLS GOVERNMENT CAPITAL GOVERNMENT DEPARTMENTS GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GROSS DOMESTIC PRODUCT HEALTH HEALTH EXPENDITURES HEALTH INDICATORS HEALTH OUTCOMES HEALTH SERVICES HEALTH SPENDING HOSPITALS HUMAN RESOURCE HUMAN RESOURCE MANAGEMENT INFLATION INSURANCE INTEREST RATES LEGAL FRAMEWORK LEGAL REQUIREMENTS LEGISLATION LOCAL GOVERNMENTS MACROECONOMIC STABILITY MALNUTRITION MANAGEMENT INFORMATION SYSTEMS MIGRATION MINISTRY OF FINANCE MORTALITY NATIONAL INCOME NATIONS NURSES OIL OPEC PATIENTS PENALTIES PERFORMANCE APPRAISAL PHYSICIANS POPULATION GROWTH POVERTY LINE PRESENT VALUE PRIMARY HEALTH CARE PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATIZATION PUBLIC ADMINISTRATION PUBLIC ASSISTANCE PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC HEALTH PUBLIC INVESTMENTS PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR COMPENSATION PUBLIC SECTOR EMPLOYMENT PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SPENDING PUBLIC SYSTEM PUBLIC UTILITIES PURCHASING POWER RECURRENT EXPENDITURES REDUCTIONS IN EMPLOYMENT REPRESENTATIVES RESOURCE ALLOCATION RISK MANAGEMENT SAFETY SAFETY NETS SAVINGS SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES STATE-OWNED ENTERPRISES TAX TAX ADMINISTRATION TAX EXEMPTIONS TAX REVENUE TAXATION TECHNICAL ASSISTANCE TRANSPORT TREASURY WAGES WORKERS |
spellingShingle |
ACCOUNTABILITY ADMINISTRATIVE PROCEDURES AGING AUTHORITY BORROWING BUDGET EXECUTION BUDGET MANAGEMENT BUDGET REFORM CAPITAL EXPENDITURES CASH MANAGEMENT CENTRAL GOVERNMENT CLINICS CONSOLIDATION CONSTITUTION CONSUMER SATISFACTION COUNCILS DEBENTURES DEBT MANAGEMENT DEBT RESTRUCTURING DEBT SERVICE DEPENDENT TERRITORIES DISASTERS DOMESTIC BORROWING EASTERN CARIBBEAN CENTRAL BANK ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC SHOCKS ECONOMIES OF SCALE EDUCATION EIB EXCHANGE RATE EXECUTION EXPENDITURE FINANCIAL ACCOUNTABILITY FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL SERVICES FISCAL FISCAL CRISIS FISCAL DEFICIT FISCAL DEFICITS FISCAL MANAGEMENT FISCAL MEASURES FISCAL PERFORMANCE FISCAL POLICIES FISCAL POLICY FISCAL REFORM FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN LOANS GIRLS GOVERNMENT CAPITAL GOVERNMENT DEPARTMENTS GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GROSS DOMESTIC PRODUCT HEALTH HEALTH EXPENDITURES HEALTH INDICATORS HEALTH OUTCOMES HEALTH SERVICES HEALTH SPENDING HOSPITALS HUMAN RESOURCE HUMAN RESOURCE MANAGEMENT INFLATION INSURANCE INTEREST RATES LEGAL FRAMEWORK LEGAL REQUIREMENTS LEGISLATION LOCAL GOVERNMENTS MACROECONOMIC STABILITY MALNUTRITION MANAGEMENT INFORMATION SYSTEMS MIGRATION MINISTRY OF FINANCE MORTALITY NATIONAL INCOME NATIONS NURSES OIL OPEC PATIENTS PENALTIES PERFORMANCE APPRAISAL PHYSICIANS POPULATION GROWTH POVERTY LINE PRESENT VALUE PRIMARY HEALTH CARE PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATIZATION PUBLIC ADMINISTRATION PUBLIC ASSISTANCE PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC HEALTH PUBLIC INVESTMENTS PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR COMPENSATION PUBLIC SECTOR EMPLOYMENT PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SPENDING PUBLIC SYSTEM PUBLIC UTILITIES PURCHASING POWER RECURRENT EXPENDITURES REDUCTIONS IN EMPLOYMENT REPRESENTATIVES RESOURCE ALLOCATION RISK MANAGEMENT SAFETY SAFETY NETS SAVINGS SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES STATE-OWNED ENTERPRISES TAX TAX ADMINISTRATION TAX EXEMPTIONS TAX REVENUE TAXATION TECHNICAL ASSISTANCE TRANSPORT TREASURY WAGES WORKERS World Bank Dominica : OECS Fiscal Issues, Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures |
geographic_facet |
Latin America & Caribbean America Caribbean Dominica |
description |
This report concludes that during FY1993/94 to FY002/03 the fiscal policy implemented by the government of Dominica was unsustainable and posed a risk to the stability of the currency board arrangement. Moreover, this report recommends that most of the adjustment required to achieve a sustainable fiscal policy needed to come from expenditure cuts, in particular a reduction in the number of established and non-established positions, and from focusing capital expenditures on projects geared to growth and poverty reduction and funded largely by grants and concessional loan. A reduction in tax exemptions and discretionary concessions is also essential, as is a restructuring of the revenue base through the introduction of the value-added tax (VAT). While social indicators are good for a country at this level of gross domestic product (GDP), there is ample room for more efficient modalities of education and health service delivery that can generate significant savings and improve effectiveness. In addition, the government should strive to ensure that its social programs, in particular social protection, are delivered in a well-targeted and effective manner in order to provide more effective safety nets in the context of fiscal consolidation and continued vulnerability to external shocks. The report is organized as follows: Chapter 1 discusses fiscal sustainability in Dominica and presents options for fiscal consolidation; Chapter 2 discusses the budget management system in place and its effect on budgetary outcomes. Chapter 3 examines the Public Sector Investment Program (PSIP); Chapter 4 discusses public sector employment and compensation; Chapters 5 and 6 examine public expenditures and outcomes in the health and education sectors; and Chapter 7 discusses social protection programs. |
format |
Economic & Sector Work :: Public Expenditure Review |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Dominica : OECS Fiscal Issues, Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures |
title_short |
Dominica : OECS Fiscal Issues, Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures |
title_full |
Dominica : OECS Fiscal Issues, Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures |
title_fullStr |
Dominica : OECS Fiscal Issues, Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures |
title_full_unstemmed |
Dominica : OECS Fiscal Issues, Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures |
title_sort |
dominica : oecs fiscal issues, policies to achieve fiscal sustainability and improve efficiency and equity of public expenditures |
publisher |
Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2005/06/6133528/dominica-oecs-fiscal-issues-policies-achieve-fiscal-sustainability-improve-efficiency-equity-public-expenditures http://hdl.handle.net/10986/8681 |
_version_ |
1764405198194737152 |
spelling |
okr-10986-86812021-04-23T14:02:39Z Dominica : OECS Fiscal Issues, Policies to Achieve Fiscal Sustainability and Improve Efficiency and Equity of Public Expenditures World Bank ACCOUNTABILITY ADMINISTRATIVE PROCEDURES AGING AUTHORITY BORROWING BUDGET EXECUTION BUDGET MANAGEMENT BUDGET REFORM CAPITAL EXPENDITURES CASH MANAGEMENT CENTRAL GOVERNMENT CLINICS CONSOLIDATION CONSTITUTION CONSUMER SATISFACTION COUNCILS DEBENTURES DEBT MANAGEMENT DEBT RESTRUCTURING DEBT SERVICE DEPENDENT TERRITORIES DISASTERS DOMESTIC BORROWING EASTERN CARIBBEAN CENTRAL BANK ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC SHOCKS ECONOMIES OF SCALE EDUCATION EIB EXCHANGE RATE EXECUTION EXPENDITURE FINANCIAL ACCOUNTABILITY FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL SERVICES FISCAL FISCAL CRISIS FISCAL DEFICIT FISCAL DEFICITS FISCAL MANAGEMENT FISCAL MEASURES FISCAL PERFORMANCE FISCAL POLICIES FISCAL POLICY FISCAL REFORM FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN LOANS GIRLS GOVERNMENT CAPITAL GOVERNMENT DEPARTMENTS GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GROSS DOMESTIC PRODUCT HEALTH HEALTH EXPENDITURES HEALTH INDICATORS HEALTH OUTCOMES HEALTH SERVICES HEALTH SPENDING HOSPITALS HUMAN RESOURCE HUMAN RESOURCE MANAGEMENT INFLATION INSURANCE INTEREST RATES LEGAL FRAMEWORK LEGAL REQUIREMENTS LEGISLATION LOCAL GOVERNMENTS MACROECONOMIC STABILITY MALNUTRITION MANAGEMENT INFORMATION SYSTEMS MIGRATION MINISTRY OF FINANCE MORTALITY NATIONAL INCOME NATIONS NURSES OIL OPEC PATIENTS PENALTIES PERFORMANCE APPRAISAL PHYSICIANS POPULATION GROWTH POVERTY LINE PRESENT VALUE PRIMARY HEALTH CARE PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATIZATION PUBLIC ADMINISTRATION PUBLIC ASSISTANCE PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC HEALTH PUBLIC INVESTMENTS PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR COMPENSATION PUBLIC SECTOR EMPLOYMENT PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SPENDING PUBLIC SYSTEM PUBLIC UTILITIES PURCHASING POWER RECURRENT EXPENDITURES REDUCTIONS IN EMPLOYMENT REPRESENTATIVES RESOURCE ALLOCATION RISK MANAGEMENT SAFETY SAFETY NETS SAVINGS SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES STATE-OWNED ENTERPRISES TAX TAX ADMINISTRATION TAX EXEMPTIONS TAX REVENUE TAXATION TECHNICAL ASSISTANCE TRANSPORT TREASURY WAGES WORKERS This report concludes that during FY1993/94 to FY002/03 the fiscal policy implemented by the government of Dominica was unsustainable and posed a risk to the stability of the currency board arrangement. Moreover, this report recommends that most of the adjustment required to achieve a sustainable fiscal policy needed to come from expenditure cuts, in particular a reduction in the number of established and non-established positions, and from focusing capital expenditures on projects geared to growth and poverty reduction and funded largely by grants and concessional loan. A reduction in tax exemptions and discretionary concessions is also essential, as is a restructuring of the revenue base through the introduction of the value-added tax (VAT). While social indicators are good for a country at this level of gross domestic product (GDP), there is ample room for more efficient modalities of education and health service delivery that can generate significant savings and improve effectiveness. In addition, the government should strive to ensure that its social programs, in particular social protection, are delivered in a well-targeted and effective manner in order to provide more effective safety nets in the context of fiscal consolidation and continued vulnerability to external shocks. The report is organized as follows: Chapter 1 discusses fiscal sustainability in Dominica and presents options for fiscal consolidation; Chapter 2 discusses the budget management system in place and its effect on budgetary outcomes. Chapter 3 examines the Public Sector Investment Program (PSIP); Chapter 4 discusses public sector employment and compensation; Chapters 5 and 6 examine public expenditures and outcomes in the health and education sectors; and Chapter 7 discusses social protection programs. 2012-06-21T18:20:35Z 2012-06-21T18:20:35Z 2005-06 http://documents.worldbank.org/curated/en/2005/06/6133528/dominica-oecs-fiscal-issues-policies-achieve-fiscal-sustainability-improve-efficiency-equity-public-expenditures http://hdl.handle.net/10986/8681 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 Latin America & Caribbean America Caribbean Dominica |