Seychelles Programmatic Public Expenditure Review Policy Notes : Health, Education, and Investment Management

Since 2008, the Government of Seychelles has successfully undertaken major reforms to secure macroeconomic stability and create conditions for sustainable, private sector-led growth. The continuous strengthening of Seychelles' public financial...

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Bibliographic Details
Main Author: World Bank
Format: Public Expenditure Review
Language:English
en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/03/19875726/seychelles-programmatic-public-expenditure-review-policy-notes-health-education-investment-management
http://hdl.handle.net/10986/19325
id okr-10986-19325
recordtype oai_dc
spelling okr-10986-193252021-04-23T14:03:51Z Seychelles Programmatic Public Expenditure Review Policy Notes : Health, Education, and Investment Management World Bank ACCESS TO BASIC SERVICES CAPITAL SPENDING FISCAL CONSOLIDATION GOVERNMENT SERVICES DELIVERY MACROECONOMIC STABILITY PUBLIC FINANCIAL MANAGEMENT PUBLIC INVESTMENT MANAGEMENT PUBLIC RESOURCES PUBLIC SECTOR GOVERNANCE SOCIAL NEEDS Since 2008, the Government of Seychelles has successfully undertaken major reforms to secure macroeconomic stability and create conditions for sustainable, private sector-led growth. The continuous strengthening of Seychelles' public financial management (PFM) system plays a central role in facilitating fiscal consolidation and improving the delivery of government services. Over the past few years, the government has implemented a series of reforms to address public sector governance, including: (i) modernizing the public sector and improving the alignment of institutions with policy and service delivery mandates; (ii) rolling back the government's role in commercial activities by reducing the large number of parastatals, improving management, and introducing a new wage bill together with the private sector; and (iii) redefining the accountability structure between the government agencies responsible for service delivery. Despite the government's ambitious macroeconomic reform program and its efforts to strengthen the PFM system, measures to improve the efficiency of public investment management (PIM) have received only limited consideration. Challenges to the efficient use of public resources hamper the government's ability to meet urgent social needs and improve access to basic services. This note aims to provide an objective assessment of the strengths and weaknesses of Seychelles' PIM system and to recommend measures for improving the quality of capital spending. 2014-08-14T19:54:54Z 2014-08-14T19:54:54Z 2014-03 http://documents.worldbank.org/curated/en/2014/03/19875726/seychelles-programmatic-public-expenditure-review-policy-notes-health-education-investment-management http://hdl.handle.net/10986/19325 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Africa Seychelles
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 ACCESS TO BASIC SERVICES
CAPITAL SPENDING
FISCAL CONSOLIDATION
GOVERNMENT SERVICES DELIVERY
MACROECONOMIC STABILITY
PUBLIC FINANCIAL MANAGEMENT
PUBLIC INVESTMENT MANAGEMENT
PUBLIC RESOURCES
PUBLIC SECTOR GOVERNANCE
SOCIAL NEEDS
spellingShingle ACCESS TO BASIC SERVICES
CAPITAL SPENDING
FISCAL CONSOLIDATION
GOVERNMENT SERVICES DELIVERY
MACROECONOMIC STABILITY
PUBLIC FINANCIAL MANAGEMENT
PUBLIC INVESTMENT MANAGEMENT
PUBLIC RESOURCES
PUBLIC SECTOR GOVERNANCE
SOCIAL NEEDS
World Bank
Seychelles Programmatic Public Expenditure Review Policy Notes : Health, Education, and Investment Management
geographic_facet Africa
Seychelles
description Since 2008, the Government of Seychelles has successfully undertaken major reforms to secure macroeconomic stability and create conditions for sustainable, private sector-led growth. The continuous strengthening of Seychelles' public financial management (PFM) system plays a central role in facilitating fiscal consolidation and improving the delivery of government services. Over the past few years, the government has implemented a series of reforms to address public sector governance, including: (i) modernizing the public sector and improving the alignment of institutions with policy and service delivery mandates; (ii) rolling back the government's role in commercial activities by reducing the large number of parastatals, improving management, and introducing a new wage bill together with the private sector; and (iii) redefining the accountability structure between the government agencies responsible for service delivery. Despite the government's ambitious macroeconomic reform program and its efforts to strengthen the PFM system, measures to improve the efficiency of public investment management (PIM) have received only limited consideration. Challenges to the efficient use of public resources hamper the government's ability to meet urgent social needs and improve access to basic services. This note aims to provide an objective assessment of the strengths and weaknesses of Seychelles' PIM system and to recommend measures for improving the quality of capital spending.
format Economic & Sector Work :: Public Expenditure Review
author World Bank
author_facet World Bank
author_sort World Bank
title Seychelles Programmatic Public Expenditure Review Policy Notes : Health, Education, and Investment Management
title_short Seychelles Programmatic Public Expenditure Review Policy Notes : Health, Education, and Investment Management
title_full Seychelles Programmatic Public Expenditure Review Policy Notes : Health, Education, and Investment Management
title_fullStr Seychelles Programmatic Public Expenditure Review Policy Notes : Health, Education, and Investment Management
title_full_unstemmed Seychelles Programmatic Public Expenditure Review Policy Notes : Health, Education, and Investment Management
title_sort seychelles programmatic public expenditure review policy notes : health, education, and investment management
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/03/19875726/seychelles-programmatic-public-expenditure-review-policy-notes-health-education-investment-management
http://hdl.handle.net/10986/19325
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