Improving Public Expenditure Efficiency for Growth and Poverty Reduction : A Public Expenditure Review for the Republic of Moldova

Improving Public Expenditure Efficiency for Growth and Poverty Reduction : A Public Expenditure Review for the Republic of Moldova

The Government of Moldova's Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) lays out an ambitious plan for sustaining growth and poverty reduction and reshaping the government to meet the needs of a market economy. The public exp...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Public Expenditure Review
Language:	English en_US
Published:	Washington, DC 2012
Subjects:	ACCOUNTING AGRICULTURAL SECTOR ARTICLE BENEFICIARIES BORROWING BUDGET ALLOCATION BUDGET MANAGEMENT BUDGET PREPARATION BUDGET PREPARATION PROCESS BUDGETARY INSTITUTIONS CAPITAL EXPENDITURES CAPITAL SPENDING CIVIL SERVICE CIVIL SERVICE PAY COST-BENEFIT ANALYSIS DEBT MANAGEMENT DEBT SUSTAINABILITY DECENTRALIZATION DEFICIT FINANCING DOMESTIC INVESTMENT DOMESTIC TAX ECONOMIC CLASSIFICATION ECONOMIC DECLINE ECONOMIC DOWNTURNS ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC STABILITY EDUCATION EXPENDITURES EFFICIENCY GAINS EFFICIENCY OF RESOURCE USE ELECTRICITY EMPIRICAL EVIDENCE EXCHANGE RATE EXCHANGE RATE POLICY EXPENDITURE AREA EXPENDITURE FORECAST EXPENDITURE GROWTH EXPENDITURE PLAN EXTERNAL DEBT FINANCIAL BALANCE FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL SUPPORT FISCAL ACCOUNTS FISCAL ADJUSTMENT FISCAL BALANCE FISCAL DEFICIT FISCAL DEFICITS FISCAL ENVELOPE FISCAL PERFORMANCE FISCAL POLICY FISCAL RETRENCHMENT FISCAL SAVINGS FISCAL SUSTAINABILITY GAS PRICES GOVERNMENT CONSUMPTION GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT SPENDING GROWTH PERFORMANCE GROWTH PROSPECTS HEALTH CARE HEALTH CARE SYSTEM HEALTH EXPENDITURES HEALTH INSURANCE HEALTH SECTOR HUMAN CAPITAL INCOME INCOME LEVELS INCOME POVERTY INCREASED SPENDING INFLATION INSTITUTIONAL DEVELOPMENT INSTITUTIONAL REFORMS INTEREST PAYMENTS INVESTMENT BUDGET INVESTMENT CLIMATE INVESTMENT EXPENDITURES LOCAL GOVERNMENTS MACROECONOMIC FRAMEWORK MACROECONOMIC POLICIES MARKET ECONOMY MEDIUM TERM MEDIUM TERM EXPENDITURE MEDIUM TERM EXPENDITURE FRAMEWORK MORAL HAZARD NATIONAL ECONOMY NEGATIVE IMPACT NET SAVINGS PENSION FUND POLICY INTERVENTIONS POLICY PERSPECTIVE POLICY STANCE POOR HOUSEHOLDS POVERTY GAP POVERTY RATE POVERTY RATES POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRIMARY HEALTH CARE PRIVATE INVESTMENT PRIVATE SAVING PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PROGRAMS PUBLIC PUBLIC ADMINISTRATION PUBLIC ADMINISTRATION REFORM PUBLIC CAPITAL PUBLIC CONSUMPTION PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE EFFICIENCY PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE POLICY PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCES PUBLIC FINANCIAL MANAGEMENT PUBLIC GOODS PUBLIC HEALTH PUBLIC INFRASTRUCTURE PUBLIC INSTITUTIONS PUBLIC INVESTMENT PUBLIC INVESTMENT SPENDING PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR EMPLOYEES PUBLIC SECTOR PRODUCTIVITY PUBLIC SECTOR WAGE PUBLIC SECTOR WAGE BILL PUBLIC SECTOR WAGES PUBLIC SERVICES PUBLIC SPENDING PUBLIC WAGE PUBLIC WORKERS RAILWAY RAILWAY LINES REDUCING POVERTY REFORM EFFORTS REFORM PROGRAM REFORM STRATEGY RESOURCE ALLOCATION REVENUE MOBILIZATION REVENUE SOURCES ROAD ROAD FUNDS ROAD MAINTENANCE ROAD NETWORK ROAD SECTOR ROAD USERS ROADS RURAL AREAS RURAL POVERTY SAFETY SECTOR ACTIVITY SECTORAL REALLOCATION SIZE OF GOVERNMENT SOCIAL ASSISTANCE SOCIAL BENEFITS SOCIAL EXPENDITURES SOCIAL INSURANCE SOCIAL PROTECTION SOCIAL SAFETY NETS SOCIAL SPENDING STATE ASSETS STATE BUDGET STRATEGIC ALLOCATION STRATEGIC PRIORITIES TAX BASE TAX BURDEN TAX POLICY TAX REVENUES TAXATION TOTAL EXPENDITURES TOTAL SPENDING TRANSITION PROCESS TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORT NETWORK TRANSPORT RESOURCES TRANSPORT SECTOR UNCERTAINTY UNFUNDED LIABILITIES VULNERABLE GROUPS
Online Access:	http://documents.worldbank.org/curated/en/2007/02/7461422/moldova-improving-public-expenditure-efficiency-growth-poverty-reduction http://hdl.handle.net/10986/8035

Description
Summary:	The Government of Moldova's Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) lays out an ambitious plan for sustaining growth and poverty reduction and reshaping the government to meet the needs of a market economy. The public expenditures envisaged under this ambitious plan, however, vastly exceed the domestic resources available to the Government. Additional foreign budgetary support may help alleviate some of that resource constraint. Recognizing that the share of tax revenues and expenditures to GDP in Moldova already greatly exceed comparable international levels, generating additional domestic tax resources risks crowding out the private sector and undermining growth prospects. This suggests that in order to finance higher order public expenditures priorities, the Government needs to create fiscal space from within the existing resource envelope. This will require inter and intra-sectoral reallocation of expenditures and an increase in the efficiency of public spending rather than increasing the relative size of government.

Cannot write session to /tmp/vufind_sessions/sess_qgekntl7lti1clbnqugsq6ske0