Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf

0
382

Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf free download

Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf free download The civilian Government elected in 2000 has made a significant effort to improve Niger’s fiscal and economic management. Sound macroeconomic and public finance policies
have produced good results. Real GDP growth rates averaged 5.1 percent per annum over 2001–2003 and the basic budget deficit1 was reduced from 3 percent of GDP in 2000 to 1.8 percent in 2003.

Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf free download

The falling deficit reflected an increase in Government revenue from 8.0 to 9.7 percent of GDP, and a reduction in recurrent expenditures from 11.2 to 10 percent of GDP, largely due to more effective control of the Government’s wage bill. In addition, the Government successfully reached the Completion Point of the Enhanced Highly Indebted Poor Countries (HIPC) Initiative in early 2004 giving Niger access to a major external debt relief program. The Government also carried out fundamental reforms aimed at restructuring public expenditures and making public finance management more effective and transparent.

Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf free download

In 2002, following extensive consultations with civil society, the Government adopted a Poverty Reduction Strategy (PRS), the first step towards implementation of a coherent economic and social development program. While these are very positive steps, additional efforts are needed to promote rapid growth and sustainable development and achieve significant poverty reduction.

Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf free download

■ Niger’s economy is still dominated by subsistence agriculture and remains extremely vulnerable to exogenous factors, especially erratic rainfall patterns.
■ Access to basic social services is inadequate and Niger’s human development indicators are very poor. Improving health and education is therefore one of the main goals of the country’s poverty reduction strategy.
In a situation characterized by extreme scarcity of domestic resources, efficient and effective public expenditures programs are critical to the successful implementation of the country’s poverty reduction strategy and achievement of the Millennium Development
Goals (MDGs).

Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf free download

The PRS identified policy priorities in key sectors, but in most of these sectors, with the exception of basic education, little progress has been made in translating PRS priorities into detailed operational programs. The Public Expenditure Management and Financial Accountability Review (PEMFAR) has been prepared in this context and includes a detailed analysis of patterns of public expenditures and public finance management practices. PEMFAR findings and recommendations are designed to serve as the basis for a budgetary and public finance reform program and action plan to be implemented by the Government with the support of the donor community.

Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf free download

Public Expenditure Management and Financial Accountability in Niger by The World Bank pdf free download


Please make a comment if link is not working for you.
I appreciate your valuable comments and suggestions. For more books please visit or site.

Previous articleZambia Public Expenditure Management and Financial Accountability Review by The World Bank pdf
Next articleGlobal Economic Prospects Crises Finance and Growth 2010 by The World Bank pdf free download

LEAVE A REPLY

Please enter your comment!
Please enter your name here