Windfall Management for Poverty Reduction : Improving Public Finance Management, The Case of Chad

Windfall Management for Poverty Reduction : Improving Public Finance Management, The Case of Chad

This paper aims at providing a guide to ensure efficiency in the management of Chad's windfall to support the development process and poverty reduction. The analysis is based on the lessons and experience of countries that have successfully us...

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Bibliographic Details
Main Author:	Toto Same, Achille
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTABILITY ACCOUNTING ACCOUNTING SYSTEM ALLOCATION OF FUNDS ANNUAL BUDGET ANNUAL REPORTS APPROPRIATIONS ARREARS ARTICLE AUDITOR GENERAL BANKING SYSTEM BROAD MONEY BUDGET ALLOCATION BUDGET CIRCULAR BUDGET CREDIBILITY BUDGET DISCIPLINE BUDGET EXECUTION BUDGET EXECUTION PROCEDURES BUDGET EXPENDITURE BUDGET FORMULATION BUDGET IMPLEMENTATION BUDGET MANAGEMENT BUDGET PREPARATION BUDGET PREPARATION PROCESS BUDGET REPORTING BUDGET SUPPORT BUDGET TRANSACTIONS BUDGETARY APPROPRIATIONS BUDGETARY EXPENDITURE BUDGETARY MANAGEMENT BUDGETARY PROCEDURE BUDGETARY SYSTEMS CAPACITY BUILDING CAPITAL ACCUMULATION CAPITAL BUDGET CAPITAL EXPENDITURES CAPITAL STOCK CAPITAL STOCKS CASH BALANCE CASH BASIS CASH FLOW CASH MANAGEMENT CASH SHORTAGE CENTRAL AGENCIES CENTRAL CONTROLS CENTRAL GOVERNMENT CENTRAL SERVICES CHART OF ACCOUNTS CIVIL SERVANTS COMMERCIAL BANK COMMERCIAL BANK NETWORK COMMERCIAL BANKS COMPULSORY EXPENDITURES CORPORATE INCOME TAX DEBT BURDEN DEBT SERVICING DECENTRALIZATION DEVELOPING COUNTRIES DISBURSEMENT DOMESTIC BORROWING DOMESTIC CURRENCY DOMESTIC DEBT DURABLE ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY EFFECTIVENESS OF SERVICE DELIVERY EFFICIENT ALLOCATION EFFICIENT ALLOCATION OF RESOURCES EQUIPMENT EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURE CONTROL EXPENDITURE CUTS EXPENDITURE CYCLE EXPENDITURE FRAMEWORK EXPENDITURE MANAGEMENT EXPENDITURE PROCESS EXPENDITURE PROGRAMMING EXPENDITURE PROGRAMS EXPENDITURE TRACKING EXPORTER EXPORTERS EXTERNAL ASSISTANCE EXTERNAL FINANCING FINANCIAL ASSETS FINANCIAL CONTROL FINANCIAL HEALTH FINANCIAL INSTITUTION FINANCIAL MANAGEMENT FINANCIAL OVERSIGHT FINANCIAL POLICY FINANCIAL PROGRAMMING FINANCIAL RESOURCES FINANCIAL RESPONSIBILITY FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FISCAL AUTHORITY FISCAL EXPENDITURES FISCAL MANAGEMENT FISCAL OBJECTIVES FISCAL POLICY FIXED EXCHANGE RATE GOVERNANCE ISSUE GOVERNMENT DEPOSITS GOVERNMENT EXPENDITURE GOVERNMENT POLICY GOVERNMENT PRIORITIES GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT SPENDING GROWTH RATE HEALTH CENTERS HEALTH SECTOR HUMAN DEVELOPMENT INCOME TAX INCOME TAXES INFLATION INSTRUMENT INTEREST PAYMENTS INTEREST RATE INTERNATIONAL BANK INVESTING INVESTMENT SPENDING LIQUIDITY MACROECONOMIC ENVIRONMENT MACROECONOMIC POLICIES MACROECONOMIC PROJECTIONS MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MEDIUM TERM EXPENDITURE MEDIUM TERM EXPENDITURE FRAMEWORK MEDIUM-TERM DEVELOPMENT MICROFINANCE MICROFINANCE SECTOR MILITARY SPENDING MINISTRY OF FINANCE MISMANAGEMENT NATURAL RESOURCES OIL BOOM OIL PRICE OIL PRICES OIL WINDFALLS OPERATING EXPENSES OPERATIONAL PERFORMANCE PERFORMANCE INDICATORS POLICY FORMULATION POLITICAL STABILITY POSITIVE EXTERNALITIES POVERTY ALLEVIATION POVERTY REDUCTION POVERTY REDUCTION OBJECTIVES POVERTY REDUCTION STRATEGY PRICE CHANGE PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PROCUREMENT PROCESS PROGRAM BUDGETING PROGRAM BUDGETS PROGRAMS PUBLIC ACCOUNTS PUBLIC EXPENDITURE PUBLIC EXPENDITURE ANALYSIS PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE PROGRAM PUBLIC EXPENDITURE REVIEW PUBLIC FINANCE PUBLIC FINANCIAL MANAGEMENT PUBLIC HEALTH PUBLIC MANAGEMENT PUBLIC OFFICIALS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC WORKS REAL EXCHANGE RATE REAL GROWTH RECURRENT EXPENDITURES REFORM PROGRAM RESOURCE MANAGEMENT RETURN RULE OF LAW SALARY PAYMENTS SECTOR EXPENDITURE SECTOR MINISTRIES SERVICE DELIVERY SOCIAL INDICATORS SOCIAL SERVICES SPILLOVER EFFECTS SPOT PRICE TRANSPARENCY TREASURY TREASURY DIRECTORATE
Online Access:	http://documents.worldbank.org/curated/en/2008/04/9362524/windfall-management-poverty-reduction-improving-public-finance-management-the-case-chad http://hdl.handle.net/10986/6748

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Summary:	This paper aims at providing a guide to ensure efficiency in the management of Chad's windfall to support the development process and poverty reduction. The analysis is based on the lessons and experience of countries that have successfully used natural-resource-generated windfalls to launch their development process while avoiding the natural resource curse. The paper also discusses the petroleum management arrangements in place in Chad for poverty reduction. The author argues that the successful management of Chad's windfall for poverty reduction will depend on the effectiveness of oil revenue management arrangements in place in Chad and the government's willingness to improve public finance management (PFM).