Tajikistan Government Expenditures : Size, Composition and Trends
This policy note is part of the World Bank's Programmatic Public Expenditure Review (PER) work program for FY2012-2014. The PER consists of a series of fiscal policy notes, which aim at providing the Government of Tajikistan with recommendatio...
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| Format: | Public Expenditure Review |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/08/19760016/government-expenditures-size-composition-trends http://hdl.handle.net/10986/20772 |
| Summary: | This policy note is part of the World
Bank's Programmatic Public Expenditure Review (PER)
work program for FY2012-2014. The PER consists of a series
of fiscal policy notes, which aim at providing the
Government of Tajikistan with recommendations to strengthen
budgetary processes and analysis. This policy note, the
first in the series, sets the stage for the further in-depth
discussion of the issues, identified in the note, based on
the analysis of trends and composition of public spending
during the period 2007-2013. The note is structured as
follows. Section 2 begins with a brief review of
macroeconomic context to provide the background for analysis
of fiscal policy during the last six years and implications
for fiscal policy going forward. Section 3 presents the
overall fiscal picture and highlights the fiscal risks to be
addressed to sustain the recent progress in fiscal
consolidation. Sections 4 and 5 dig deeper in the
composition and trends of expenditures and reviews,
respectively. Section 6 provides the main conclusions: 1)
fiscal consolidation is on track, but further building of
fiscal buffers may be needed; 2) risks to the fiscal
adjustment are both domestic and external; 3) public finance
management has improved, but reform is progressing slowly;
4) the size of government is small, but it is skewed toward
capital outlays; 5) public spending on social sectors has
increased, but the quality and access to public services
must be improved; 6) revenue collection is challenged due to
weaknesses in tax evasion detection and tax policy analysis;
and 7) a recently revised Tax Code became effective in 2013
and is expected to enhance incentives for the private sector
to grow while reducing incentives for tax evasion. |
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