El Salvador : Public Expenditure Review

El Salvador faces today two fiscal challenges that will greatly influence its economic performance over the coming years. The first is to regain a solid fiscal footing, by reversing partly some of the recent rapid growth in public debt. The second...

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Bibliographic Details
Main Author:	World Bank
Format:	Public Expenditure Review
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	AGGREGATE FISCAL DISCIPLINE ALLOCATION OF RESOURCES BASIC EDUCATION BORROWING BUDGET EXECUTION BUDGET FORMULATION BUDGET MANAGEMENT BUDGETARY ALLOCATION BUDGETARY ALLOCATIONS BUDGETARY RESOURCES CAPITAL MARKETS CASH MANAGEMENT CENTRAL AMERICA CENTRAL GOVERNMENT DEBT DEFICITS DEVELOPMENT INDICATORS DISTRICTS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE EDUCATION ELECTRICITY EXCISE TAXES EXTREME POVERTY FINANCIAL ACCOUNTABILITY FINANCIAL MANAGEMENT FINANCIAL REPORTING FISCAL FISCAL COSTS FISCAL DEFICIT FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICY FISCAL REVENUES FISCAL SITUATION FISCAL SUSTAINABILITY GOVERNANCE INDICATORS GOVERNMENT OFFICIALS GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT'S BUDGET GOVERNMENT'S POLICY HEALTH HEALTH INDICATORS HEALTH PROGRAMS HEALTH SECTOR HEALTH SERVICES HEALTH SPENDING HOSPITALS IMMUNIZATION INCOME INFANT MORTALITY INFORMAL SECTOR INSTITUTIONAL FRAMEWORK INSURANCE INTERNATIONAL COMPARISONS INTERNATIONAL STANDARDS INTERVENTION LAWS LEGAL FRAMEWORK LIFE EXPECTANCY LOCAL GOVERNMENTS MEASLES MEDICAL INSURANCE MINISTRY OF FINANCE MORBIDITY MUNICIPALITIES NATIONAL LEVEL NATIONS POVERTY ALLEVIATION PRESIDENCY PRIMARY HEALTH CARE PRIVATE SECTOR PRODUCTIVITY PROJECT PLAN PROVISIONS PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAMS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR EXPENDITURES PUBLIC SPENDING PUBLIC WORKS REAL WAGES REHABILITATION RESOURCE ALLOCATION RESOURCE ALLOCATION PROCESSES RESOURCE USE RETIREMENT REVENUE COLLECTION ROADS SAVINGS SECURITY SYSTEMS SOCIAL DEVELOPMENT SOCIAL POLICY SOCIAL SAFETY SOCIAL SAFETY NET SOCIAL SECTORS SOCIAL SECURITY SOCIAL SERVICES TAX TAX ADMINISTRATION TAX BURDEN TAX REVENUES TOTAL EXPENDITURES TRADEOFFS TRANSPARENCY URBAN AREAS WATER SUPPLY WORKERS
Online Access:	http://documents.worldbank.org/curated/en/2004/12/6105747/el-salvador-public-expenditure-review http://hdl.handle.net/10986/14466

Description
Summary:	El Salvador faces today two fiscal challenges that will greatly influence its economic performance over the coming years. The first is to regain a solid fiscal footing, by reversing partly some of the recent rapid growth in public debt. The second is the need to finance certain priority investments required to accelerate growth and meet pressing social needs. This public expenditure review (PER) focuses on these fiscal challenges. It reviews overall trends in expenditures and revenues and lays out options for reducing debt gradually to levels that would grant greater flexibility to fiscal policy in the future, which is likely to be needed to respond to future shocks and contingencies and to aid in counter-cyclical economic management. In addition, the report provides in-depth attention to critical social expenditures, particularly those in health, education, water and sanitation, rural roads and electrification, which together represent over forty percent of the Central Government's budget. It also reviews the public expenditure management framework and offers some recommendations to ensure that public funds are used productively and efficiently.

El Salvador : Public Expenditure Review

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