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Zambia - Public expenditure review : Executive summary (English)

The central objectives in restructuring public expenditures are to restore economic stability and growth with equity by the use of public expenditure as an effective and efficient policy instrument. The strategy for achieving these objectives include: (i) sharp expenditure reductions; (ii) significant reallocations to support priority sectors and programs; and (iii) strengthening management of public expenditure for effective implementation of the allocative decisions. This report considers it essential to establish a sound macro-economic framework in which both the short-term fiscal stabilization and long-term growth issues can be effectively addressed. In this regard, bringing inflation under control should be considered as a necessary condition for effective adjustment of expenditure composition. The report also considers it imperative for government to take actions on a number of fronts to ensure that the allocative decisions are effectively implemented, that the expenditure audits are enforced in order to effect expenditure control, and that it is essential to integrate donor counterpart funds in a general budgetary framework to ensure better budget performance.

Details

  • Document Date

    1992/12/01

  • Document Type

    Pre-2003 Economic or Sector Report

  • Report Number

    11420

  • Volume No

    1

  • Total Volume(s)

    2

  • Country

    Zambia,

  • Region

    Africa,

  • Disclosure Date

    2010/06/12

  • Disclosure Status

    Disclosed

  • Doc Name

    Executive summary

  • Keywords

    public expenditure;military expenditure;maintenance of feeder road;private sector investment activities;arrangements for road maintenance;civil service reform program;counterpart fund;crop and livestock;public expenditure program;recurrent budgets;capital stock;reallocation of resource;case fatality rate;net domestic borrowing;central government grant;balance of payment;provision of material;current account deficit;recurrent departmental charges;Public Services;budget allocation;Foreign Exchange Reserve;sales tax revenue;maintenance of road;total public spending;autonomous road;lack of communication;weak expenditure control;price of transport;government budget process;public investment program;financing of road;current account balance;government training institution;production of maize;external debt service;export of goods;cost recovery measure;public sector investment;tax collection effort;education for all;local government revenue;quality of care;maintenance and repair;alternative employment opportunity;repair and maintenance;primary school education;basic social service;government expenditure program;local government spending;local government tax;Local Government Finance;revenue sharing arrangement;improving expenditure control;lump sum payment;public sector service;process of privatization;lack of integration;price of fuel;preventive health care;debt service costs;vehicle license fee;private sector partner;local government employment;allocation of grant;savings and investment;private saving rate;primary budget balance;government capital expenditure;medium-term macroeconomic framework;government wage bill;managing public expenditure;incentive structure;retrenchment package;agriculture sector;expenditure adjustment;adjustment program;fiscal stabilization;capacity utilization;budget control;high inflation;economic sector;disciplinary action;agricultural subsidy;Public Infrastructure;economic stability;military spending;tax effort;military personnel;priority program;contingency fund;

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Citation

Zambia - Public expenditure review : Executive summary (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/875381468336710956/Executive-summary