Improving Public Expenditure Efficiency for Growth and Poverty Reduction : A Public Expenditure Review for the Republic of Moldova

World Bank

Improving Public Expenditure Efficiency for Growth and Poverty Reduction : A Public Expenditure Review for the Republic of Moldova

2007

World Bank

The Government of Moldova's Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) lays out an ambitious plan for sustaining growth and poverty reduction and reshaping the government to meet the needs of a market economy. The public expenditures envisaged under this ambitious plan, however, vastly exceed the domestic resources available to the Government. Additional foreign budgetary support may help alleviate some of that resource constraint. Recognizing that the share of tax revenues and expenditures to GDP in Moldova already greatly exceed comparable international levels, generating additional domestic tax resources risks crowding out the private sector and undermining growth prospects. This suggests that in order to finance higher order public expenditures priorities, the Government needs to create fiscal space from within the existing resource envelope. This will require inter and intra-sectoral reallocation of expenditures and an increase in the efficiency of public spending rather than increasing the relative size of government.

اظهر المزيد [+]

الكلمات المفتاحية الخاصة بالمكنز الزراعي (أجروفوك)

accounting agricultural sector civil service decentralization economic growth economic recovery electricity exchange rate external debt health care health insurance human capital income inflation institutional development poverty reduction private investment private sector public administration public debt public expenditure public finance public goods public health public institutions public investment public sector public services resource allocation roads rural areas rural poverty safety social insurance social protection social safety nets taxation transport uncertainty

المعلومات البيبليوغرافية

الناشر

Washington, DC

مواضيع أخرى

Social assistance; Budget management; Economic downturns; Education expenditures; Government consumption; Fiscal policy; Moral hazard; Transition process; Fiscal savings; Size of government; Public employment; Railway; Fiscal envelope; Budget preparation process; Article; Beneficiaries; Private saving; Public sector employees; Public wage; Fiscal deficit; Pension fund; State assets; Unfunded liabilities; Government revenues; Income levels; Poor households; Fiscal sustainability; Civil service pay; Economic decline; Investment expenditures; Capital spending; Social benefits; Medium term; Public; Policy interventions; Sector activity; Domestic tax; Income poverty; Public capital; Financial crisis; Public expenditure efficiency; Strategic allocation; Fiscal balance; Reform strategy; Transport network; Expenditure forecast; Medium term expenditure; Health care system; Capital expenditures; Financial support; Fiscal retrenchment; Growth prospects; Policy stance; Public consumption; Private sector investment; Budget allocation; Transport sector; Public expenditure management; Net savings; Reducing poverty; National economy; Government revenue; Public finances; Primary health care; Public administration reform; Tax base; Government expenditure; Financial balance; Transport costs; Macroeconomic framework; Government spending; Increased spending; Interest payments; Transport resources; Poverty rates; Health sector; Road funds; Public workers; Public expenditure policy; Social expenditures; Revenue mobilization; Efficiency gains; State budget; Policy perspective; Tax policy; Road maintenance; Sectoral reallocation; Railway lines; Road users; Budgetary institutions; Fiscal accounts; Public expenditure review; Road network; Growth performance; Poverty reduction strategy; Debt sustainability; Financial management; Investment climate; Macroeconomic policies; Tax burden; Public expenditures; Programs; Tax revenues; Expenditure area; Transparency; Public sector productivity; Empirical evidence; Public investment spending; Public sector wages; Investment budget; Reform efforts; Reform program; Health expenditures; Medium term expenditure framework; Poverty gap; Road; Road sector; Domestic investment; Market economy; Institutional reforms; Strategic priorities; Vulnerable groups; Fiscal adjustment; Fiscal deficits; Gas prices; Public infrastructure; Total expenditures; Public resources; Fiscal performance; Budget preparation; Efficiency of resource use; Cost-benefit analysis; Public sector wage bill; Total spending; Economic stability; Government expenditures; Debt management; Negative impact; Poverty rate; Public spending; Social spending; Expenditure plan; Public sector wage; Deficit financing; Revenue sources; Borrowing; Local governments; Public financial management; Economic classification; Exchange rate policy; Expenditure growth

اللغة

إنجليزي

نوع الملف

application/pdf, text/plain

الترخيص

CC BY 3.0 IGO, http://creativecommons.org/licenses/by/3.0/igo/, World Bank

في أجريس منذ: 2024-10-18

تاريخ التعديل: 2025-10-25

نوع الملف: Dublin Core

مزود البيانات

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الروابط

DOI http://documents.worldbank.org/curated/en/2007/02/7461422/moldova-improving-public-expenditure-efficiency-growth-poverty-reduction https://hdl.handle.net/10986/8035

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Improving Public Expenditure Efficiency for Growth and Poverty Reduction : A Public Expenditure Review for the Republic of Moldova

2007

الكلمات المفتاحية الخاصة بالمكنز الزراعي (أجروفوك)

المعلومات البيبليوغرافية