Sri Lanka - Selected Public Expenditure Issues, 2003/2004

This sector report for Sri Lanka - Selected public expenditure issues, 2003/2004 concentrates on the major expenditure issues facing the Government of Sri Lanka. The topic of government revenues is also, albeit briefly, touched on. The policy notes commence with a look at three overarching issues of concern for fiscal policy. The first focus is on the sustainability of the rapidly rising public debt and persistent fiscal deficits. Next, a potential contingent liability, the public service pension scheme, is examined. The note looks at the budgetary impact of the pension scheme and its medium- to long-term financial viability. The final cross-cutting expenditure issue investigated-public sector pay and employment-is a critical subject for Sri Lanka, a country with one of the highest per capita staffing rates in the developing world. The analysis reviews the ability of the administration to deliver services effectively to its citizens, particularly in a setting marked by the proliferation of various institutions with unclear mandates and overlapping functions.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2006-06-29
Subjects:	ACCOUNTABILITY, ADMINISTRATIVE STRUCTURE, ANNUAL PERFORMANCE, ANNUAL REPORT, BASELINE PROJECTIONS, BASELINE SCENARIO, BUDGET ALLOCATION, BUDGET CIRCULAR, BUDGET FORMULATION, BUDGET FORMULATION PROCESS, BUDGET FRAMEWORK, BUDGET POSITION, BUDGETARY IMPACT, BUDGETARY POSITION, CAPITAL EXPENDITURE, CENTRAL BANK, CENTRAL GOVERNMENT, CIVIL SERVANTS, CIVIL SERVICE, CONTINGENT LIABILITIES, CONTINGENT LIABILITY, DEBT, DEBT BURDEN, DEBT RATIO, DEBT RATIOS, DEBT SERVICING, DEBT SERVICING COSTS, DEBT SUSTAINABILITY, DEFICIT FINANCING, DOMESTIC BORROWING, DOMESTIC DEBT, DOMESTIC MARKET, EDUCATION BUDGET, EXPENDITURE ISSUES, EXPENDITURE RATIONALIZATION, EXPENDITURES, EXTERNAL FINANCING, FINANCIAL BURDEN, FINANCIAL PERFORMANCE, FINANCIAL POSITION, FINANCIAL STATUS, FISCAL ADJUSTMENT, FISCAL BALANCE, FISCAL CONSOLIDATION, FISCAL CONSOLIDATION EFFORTS, FISCAL DEFICIT, FISCAL DEFICIT TARGET, FISCAL DEFICITS, FISCAL DISCIPLINE, FISCAL IMBALANCES, FISCAL MANAGEMENT, FISCAL OPERATIONS, FISCAL POLICY, FISCAL POSITION, FISCAL SAVINGS, FISCAL STRATEGY, FISCAL SUSTAINABILITY, FISCAL TARGETS, GDP DEFLATOR, GOVERNMENT BONDS, GOVERNMENT BUDGET, GOVERNMENT DEBT, GOVERNMENT EXPENDITURE, GOVERNMENT EXPENDITURES, GOVERNMENT FINANCE, GOVERNMENT FINANCE STATISTICS, GOVERNMENT GUARANTEES, GOVERNMENT REVENUES, GOVERNMENT SPENDING, HARD BUDGET CONSTRAINT, HEALTH EXPENDITURE, HEALTH OUTCOMES, INCOME TAX, INCOME TAXES, INDEXATION, INFLATION, INFLATION RATE, INTEREST PAYMENTS, INTEREST RATE, INTEREST RATES, INVESTMENT RETURN, LEVIES, MACROECONOMIC ASSUMPTIONS, NATIONAL BUDGET, NATIONAL INCOME, NET LENDING, NOMINAL INTEREST RATE, OLD-AGE, PENSION FUND, PENSION FUNDS, PENSION SCHEME, PERSONAL INCOME, PERSONAL INCOME TAX, POVERTY REDUCTION, POVERTY REDUCTION STRATEGY, PRIMARY BALANCE, PRIMARY DEFICIT, PRIMARY SURPLUS, PRIVATE SECTOR, PUBLIC, PUBLIC ADMINISTRATION, PUBLIC BUDGET, PUBLIC DEBT, PUBLIC EMPLOYEES, PUBLIC EMPLOYMENT, PUBLIC ENTERPRISES, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE REVIEW, PUBLIC INSTITUTIONS, PUBLIC PENSION, PUBLIC SECTOR, PUBLIC SECTOR DEFICITS, PUBLIC SECTOR EMPLOYEES, PUBLIC SECTOR EMPLOYMENT, PUBLIC SECTOR SPENDING, PUBLIC SECTOR WAGES, PUBLIC SECTORS, PUBLIC SERVICE, PUBLIC SERVICE DELIVERY, PUBLIC SPENDING, REAL EXCHANGE RATE, REAL GDP, REFORM PRIORITIES, REFORM PROCESS, REGULATORY SYSTEM, RESOURCE ALLOCATION, RESOURCE MANAGEMENT, SECTOR EXPENDITURE, SERVICE DELIVERY, SOCIAL INDICATORS, SOCIAL PROTECTION, SOCIAL SECURITY, SOCIAL SECURITY FUNDS, SOCIAL WELFARE, SOCIAL WELFARE SPENDING, SOUTH ASIAN, STATE OWNED ENTERPRISES, STATED OBJECTIVES, SURPLUS LABOR, SUSTAINABILITY ANALYSIS, TAX ADMINISTRATION, TAX BASE, TAX REVENUE, TAX REVENUES, TAXATION, TOTAL EXPENDITURE, TOTAL EXPENDITURES, TOTAL REVENUE, TRANSPARENCY, TREASURY, TREASURY BILLS, UNCERTAINTY, UNEMPLOYMENT, UNEMPLOYMENT RATES, VALUE ADDED,
Online Access:	http://documents.worldbank.org/curated/en/2006/06/6933644/sri-lanka-selected-public-expenditure-issues-20032004 https://hdl.handle.net/10986/19453
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