United Republic of Tanzania - Public Expenditure Review FY02 : Report on Fiscal Developments and Public Expenditure Management Issues
This Public Expenditure Review (PER)
examines the overall fiscal discipline, which after
targeting, and achieving recurrent surpluses by FY99, the
targets for FY01 were set to provide scope for financing of
priority sector activities under the Poverty Reduction
Strategy, and accommodate increased foreign inflows in the
form of program grants. However, recurrent deficits in FY01,
and, the target for FY02, delivered a recurrent deficit of
2.5 percent of GDP. Nonetheless, these deficits are within
the sustainability thresholds indicated by recent analyses
of fiscal, and debt sustainability, and remain compatible
with continued macroeconomic stability. The report also
looks at the introduction of cash flow planning, and the
innovation introduced with the public finance act, to then
analyze the government resources, and expenditures, which
overall, expenditures on the key priority areas increased,
exceeding the additional debt relief available through the
enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
The report subsequently focuses on two main sources of
fiscal risks, namely, on public enterprise debts and
retrenchment costs associated with privatization; and, on
extra-budgetary commitments related to procurement.
Containment of fiscal risks, and further work should be
extended to quantify, and validate parastatal debts covering
other resources of fiscal risks, including commitments to
privatization. Recommendations include a review of the
existing tracking systems to identify information gaps, and
recommend how systems can be streamlined, how information
flows can be improved, and to clarify roles, and
responsibilities of key institutions in this process.
Moreover, attention should be paid to both financial
reporting, and service delivery, including ways of
integrating the two, in addition to identifying links to the
poverty monitoring process.
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Bibliographic Details
Main Author: |
World Bank |
Language: | English en_US |
Published: |
Washington, DC
2002-05
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Subjects: | ACCOUNTING,
ANTI-CORRUPTION,
APPROPRIATIONS,
AUDITORS,
AUTHORITY,
BANK OF TANZANIA,
BASIC EDUCATION,
BILATERAL DEBT,
BORROWING,
BUDGET EXECUTION,
BUDGET MANAGEMENT,
BUDGET PROCESS,
BUDGET SYSTEM,
CENTRAL GOVERNMENT,
CIVIL SERVICE,
COMMERCIAL CREDIT,
COMMERCIAL DEBT,
COMMERCIAL LOANS,
COUNCILS,
CREDITOR,
CREDITORS,
DEBT,
DEBT LEVEL,
DEBT MANAGEMENT,
DEBT OBLIGATIONS,
DEBT OUTSTANDING,
DEBT RELIEF,
DEBT SERVICING,
DEBT STRATEGY,
DEBT SUSTAINABILITY,
DEBT SWAPS,
DEBTS,
DECISION MAKING,
DISCLOSURE,
DOMESTIC DEBT,
ECONOMIC GROWTH,
ECONOMIC STABILITY,
EMPLOYMENT,
EXECUTIVE AGENCIES,
EXTERNAL DEBT,
FINANCIAL ACCOUNTABILITY,
FINANCIAL MANAGEMENT,
FINANCIAL SYSTEMS,
FISCAL,
FISCAL BALANCE,
FISCAL DEFICIT,
FISCAL DEFICITS,
FISCAL DISCIPLINE,
FISCAL MANAGEMENT,
FISCAL PERFORMANCE,
FISCAL REVENUE,
FISCAL SUSTAINABILITY,
FISCAL YEAR,
FOREIGN ASSETS,
FOREIGN ASSISTANCE,
FOREIGN BANKS,
FOREIGN EXCHANGE,
FOREIGN EXCHANGE MARKET,
GOVERNMENT EFFORTS,
GOVERNMENT EXPENDITURES,
GOVERNMENT GUARANTEES,
GOVERNMENT POLICY,
GOVERNMENT REFORM,
GOVERNMENT RESOURCES,
GOVERNMENT REVENUE,
GOVERNMENTAL ORGANIZATION,
GROSS DOMESTIC PRODUCT,
INSOLVENCY,
INTERNATIONAL ARBITRATION,
LAWS,
LEGAL PROVISIONS,
LEGAL STRUCTURE,
LIQUIDATION,
LOCAL AUTHORITIES,
LOCAL AUTHORITY,
LOCAL GOVERNMENT,
LONG TERM DEBT,
MACROECONOMIC STABILITY,
MINISTRY OF FINANCE,
NATIONAL DEBT,
NATIONAL SERVICE,
NATIONS,
PARASTATALS,
PAYMENT ARREARS,
PRIVATE BANKS,
PRIVATE SECTOR,
PRIVATIZATION,
PROVISIONING,
PROVISIONS,
PUBLIC DEBT,
PUBLIC ENTERPRISES,
PUBLIC EXPENDITURE,
PUBLIC EXPENDITURE MANAGEMENT,
PUBLIC EXPENDITURE REVIEW,
PUBLIC EXPENDITURE REVIEWS,
PUBLIC EXPENDITURES,
PUBLIC FINANCE,
PUBLIC POLICY,
PUBLIC SECTOR,
PUBLIC SPENDING,
RECURRENT EXPENDITURES,
REPRESENTATIVES,
RESOURCE ALLOCATION,
REVENUE COLLECTION,
REVENUE PERFORMANCE,
SHORT TERM CREDIT,
SHORT TERM DEBT,
SOCIAL SECTOR,
STRUCTURAL ADJUSTMENT,
TAX,
TAX RATES,
TAXATION,
TRANSPARENCY,
TREASURY,
UTILITIES,
VALUE ADDED TAX,
WAGES PUBLIC EXPENDITURES,
SECTOR INVESTMENT,
FINANCING OPTIONS,
SECTORAL ALLOCATION,
POVERTY REDUCTION STRATEGIES,
FOREIGN INVESTMENTS,
PROGRAM LENDING,
GRANTS,
DEBT SUSTAINABILTY,
MACROECONOMIC STABILIZATION,
CASH FLOW,
HEAVILY INDEBTED POOR COUNTRIES,
RISK ASSESSMENTS,
PRIVATIZATION OF PUBLIC ENTERPRISES,
COST RECOVERY,
BUDGETARY RESOURCES,
PROCUREMENT,
PARASTATAL REFORM,
INFORMATION COLLECTION,
INSTITUTIONAL FRAMEWORK,
FINANCIAL REPORTING STANDARDS,
SERVICE DELIVERY,
POVERTY MONITORING, |
Online Access: | http://documents.worldbank.org/curated/en/2002/05/2002829/tanzania-public-expenditure-review-fy02-report-fiscal-developments-public-expenditure-management-issues-external-evaluation
https://hdl.handle.net/10986/15363
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