Peru Public Expenditure Review

Peru Public Expenditure Review

This Public Expenditure Review (PER) was prepared at the request of Peru’s Ministry of Economy and Finance (MEF).The PER offers analysis, options for reform, and measures in selected areas and sectors to achieve efficiency gains and fiscal savings...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
FISCAL TRENDS
FISCAL POLICY
PUBLIC EXPENDITURE
PUBLIC PROCUREMENT
WATER
HEALTH SPENDING
EDUCATION SPENDING
WATER UTILITIES
SECURITY
NATIONAL POLICE
TRANSPORTATION SPENDING
REVENUES
Online Access:http://documents.worldbank.org/curated/en/827521524133820847/Peru-Public-expenditure-review
http://hdl.handle.net/10986/29705
id okr-10986-29705
recordtype oai_dc
spelling okr-10986-297052021-05-25T09:13:53Z Peru Public Expenditure Review World Bank FISCAL TRENDS FISCAL POLICY PUBLIC EXPENDITURE PUBLIC PROCUREMENT WATER HEALTH SPENDING EDUCATION SPENDING WATER UTILITIES SECURITY NATIONAL POLICE TRANSPORTATION SPENDING REVENUES This Public Expenditure Review (PER) was prepared at the request of Peru’s Ministry of Economy and Finance (MEF).The PER offers analysis, options for reform, and measures in selected areas and sectors to achieve efficiency gains and fiscal savings (where possible), while improving (at least not harming) equity. In the context of less favorable external environment, public finance is one of the critical issues that has come to the fore. The gradual fiscal consolidation process initiated offers a unique opportunity to carry out important fiscal and sectoral reforms. Preserve the hard-won gains of sound fiscal policy. This report consists of two parts; Part I focuses on the cross-cutting issues and challenges. The macro-fiscal chapter examines revenue and expenditure trends, provides a fiscal sustainability analysis and an assessment of contingent liabilities. It discusses relevant crosscutting fiscal issues, expenditure rigidities, revenue challenges, and areas to improve the multiannual macroeconomic framework (MMF). The public procurement chapter evaluates procurement practices applied by all government bodies in the budget. It uses the strategic sourcing methodology and data from Peru’s procurement platform which for the purposes of this analysis has been merged with the budget accounting system (SEAF). It identifies significant fiscal savings and efficiency gains, many of which are relatively easy to achieve. Part II identifies areas for efficiency gains and potential fiscal savings in five selected sectors. These sectors include water and sanitation, health, education, citizen security, and transport. They account for a significant share of the budget and represent a substantial share of public service delivery. These chapters provide several approaches and perspectives in looking at technical and allocative efficiency. The PER identifies at least 1.4 percent of GDP in fiscal savings that arise from efficiency reforms and measures across the areas examined. 2018-04-20T13:37:08Z 2018-04-20T13:37:08Z 2017-06-16 Report http://documents.worldbank.org/curated/en/827521524133820847/Peru-Public-expenditure-review http://hdl.handle.net/10986/29705 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Public Expenditure Review Latin America & Caribbean Peru
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FISCAL TRENDS
FISCAL POLICY
PUBLIC EXPENDITURE
PUBLIC PROCUREMENT
WATER
HEALTH SPENDING
EDUCATION SPENDING
WATER UTILITIES
SECURITY
NATIONAL POLICE
TRANSPORTATION SPENDING
REVENUES
spellingShingle FISCAL TRENDS
FISCAL POLICY
PUBLIC EXPENDITURE
PUBLIC PROCUREMENT
WATER
HEALTH SPENDING
EDUCATION SPENDING
WATER UTILITIES
SECURITY
NATIONAL POLICE
TRANSPORTATION SPENDING
REVENUES
World Bank
Peru Public Expenditure Review
geographic_facet Latin America & Caribbean
Peru
description This Public Expenditure Review (PER) was prepared at the request of Peru’s Ministry of Economy and Finance (MEF).The PER offers analysis, options for reform, and measures in selected areas and sectors to achieve efficiency gains and fiscal savings (where possible), while improving (at least not harming) equity. In the context of less favorable external environment, public finance is one of the critical issues that has come to the fore. The gradual fiscal consolidation process initiated offers a unique opportunity to carry out important fiscal and sectoral reforms. Preserve the hard-won gains of sound fiscal policy. This report consists of two parts; Part I focuses on the cross-cutting issues and challenges. The macro-fiscal chapter examines revenue and expenditure trends, provides a fiscal sustainability analysis and an assessment of contingent liabilities. It discusses relevant crosscutting fiscal issues, expenditure rigidities, revenue challenges, and areas to improve the multiannual macroeconomic framework (MMF). The public procurement chapter evaluates procurement practices applied by all government bodies in the budget. It uses the strategic sourcing methodology and data from Peru’s procurement platform which for the purposes of this analysis has been merged with the budget accounting system (SEAF). It identifies significant fiscal savings and efficiency gains, many of which are relatively easy to achieve. Part II identifies areas for efficiency gains and potential fiscal savings in five selected sectors. These sectors include water and sanitation, health, education, citizen security, and transport. They account for a significant share of the budget and represent a substantial share of public service delivery. These chapters provide several approaches and perspectives in looking at technical and allocative efficiency. The PER identifies at least 1.4 percent of GDP in fiscal savings that arise from efficiency reforms and measures across the areas examined.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Peru Public Expenditure Review
title_short Peru Public Expenditure Review
title_full Peru Public Expenditure Review
title_fullStr Peru Public Expenditure Review
title_full_unstemmed Peru Public Expenditure Review
title_sort peru public expenditure review
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/827521524133820847/Peru-Public-expenditure-review
http://hdl.handle.net/10986/29705
_version_ 1764470068646772736

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