Cabo Verde has long been a story of economic success, but growth decelerated in the last decade and has become more volatile – with implications for fiscal performance. Economic growth and social indicators...
This public finance review (PFR) for Kenya aims both to ensure that every tax shilling benefits the Kenyan taxpayer and to inform the development of a fiscal policy that fosters job creation, poverty reduction...
Thailand’s economic performance remained mixed in March with stable private consumption and robust exports offset by weak private investment amid rising uncertainty. While fiscal stimulus supported consumption...
This 2024 Public Expenditure and Financial Accountability Performance (PEFA) report for Uzbekistan is the third such assessment, following assessments in 2012 and 2019. The 2024 PEFA uses the 2016 methodology...
The development objective of the First Democratic Republic of the Congo (DRC) Governance, Transparency, and Economic Resilience Development Policy Financing for DRC is to support the Government of DRC...
Thailand's economic activity showed mixed signals in February. A sharp contraction in private investment offset steady consumption and strong exports due to rising uncertainty. Goods exports remained a...
The development objective of the Promoting Fiscal Management and Private Sector in the State of Pernambuco Development Policy Loan for Brazil supports the State of Pernambuco in: (i) improving fiscal management...
The Second Fiscal, Disaster, and Climate Resilience Development Policy Operation Program aims to support the Kingdom of Tonga in strengthening fiscal and debt sustainability and enhancing resilience to...
The development objective of Advancing Public Sector Accounting and Reporting in Albania Project is to improve public sector financial reporting and accounting practices in central government. The second...
Thailand’s economy grew by 3.2 percent year-on-year in Q4 2024, driven by a rebound in public investment and strong electronics exports, while private consumption saw a modest boost from fiscal stimulus...
This report builds on a joint WHO-World Bank initiative on budget execution challenges (described in more detail in Appendix 1). Following the introduction, section 2 provides an overview of core concepts...
The Subnational public finance report is the first in a series of World Bank reports that analyze local and regional government fiscal and financial developments in Croatia. The objective of this work...
The report presents an analysis of the adoption and implementation of accrual accounting in the public sector to explore its role in providing information on fiscal sustainability, informing economic analysis...
The development objective of the Progestão Program: MPA Phase 1 State of Rio Grande do Sul Project for Brazil is to strengthen efficiency of public resource management and support fiscal sustainability...
The development of objective of the Second Strengthening Public Financial Management Project for Micronesia is to improve fiscal management practices and increase fiscal transparency at the national government...
The development objective of Strengthening Public Financial Management Project for Haiti is to strengthen government capacity and transparency in public revenue mobilization and financial management. This...
How can Zimbabwe create the necessary fiscal space to absorb quasi-fiscal expenditures, reverse its upward trend in public debt, and support macroeconomic stability? Zimbabwe is faced with an unsustainable...
Eswatini’s fundamental policy challenge is to address the longstanding factors that have constrained growth and hindered broad-based improvements in living standards. Given the state’s significant role...