Author:
Publisher: World Bank Publications
ISBN:
Category : Finance, Public
Languages : en
Pages : 268
Book Description
The primary objective of this study is to assist the government in identifying and implementing appropriate measures that will result in an effective and equitable reduction in the Provinces' contribution to excessive, consolidated public sector deficits. A corollary objective is to identify appropriate areas in which the Bank may support improved provincial financial management. Provinces can then generate surpluses and invest them wisely to increase future economic growth and tax revenues. More specifically, the study's objectives are to identify : a) ways that provincial revenue performance and expenditure efficiency may be improved; b) effective incentives for implementing the above improvements; c) appropriate, standard provincial budgeting and reporting procedures; and d) needs for institutional reforms to meet preceeding objectives. Volume II provides basic data on provincial public finance as well as information to help in interpreting this data.