Belarus Public Expenditure Review : Fiscal Reforms for a Sustainable Economic Recovery

World Bank

dc.creator	World Bank
dc.date	2012-03-19T10:13:35Z
dc.date	2012-03-19T10:13:35Z
dc.date	2011-08-15
dc.date.accessioned	2023-02-17T20:41:46Z
dc.date.available	2023-02-17T20:41:46Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20111031002336
dc.identifier	http://hdl.handle.net/10986/2790
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/243154
dc.description	Belarus faces significant fiscal challenges, stemming from the structural features of its economic model. As of mid-2011, under a severe exchange rate and balance of payments crisis, the Government needs to pursue a carefully sequenced strategy of macroeconomic adjustment coupled with a strong program of structural reforms. This programmatic Public Expenditure Review (PER) fiscal policy options to simultaneously tackle the need for fiscal consolidation as well as the structural challenges with significant fiscal linkages. The options for fiscal reform proposed in this report are estimated to generate average net fiscal savings of 3.9 percent of Gross Domestic product (GDP) annually over the medium term. Given the implied structural changes in the expenditure program, the fiscal impact of these reforms extends beyond the four year projection period.
dc.language	English
dc.publisher	World Bank
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCOUNTABILITY OF PUBLIC SPENDING
dc.subject	ACCOUNTING
dc.subject	ADMINISTRATIVE CONTROLS
dc.subject	ALLOCATION
dc.subject	ALLOCATION OF CAPITAL
dc.subject	ANNUAL COST
dc.subject	AUTOMATIC STABILIZERS
dc.subject	BALANCE OF PAYMENTS
dc.subject	BALANCE OF PAYMENTS CRISIS
dc.subject	BASELINE SCENARIO
dc.subject	BENEFICIARIES
dc.subject	BUDGET CONSTRAINTS
dc.subject	BUDGET CREDIBILITY
dc.subject	BUDGET DEFICIT
dc.subject	BUDGET DEFICITS
dc.subject	BUDGET DOES
dc.subject	BUDGET EXECUTION
dc.subject	BUDGET MANAGEMENT
dc.subject	BUDGET POLICY
dc.subject	BUDGET PROCESS
dc.subject	BUDGET RESOURCES
dc.subject	BUDGET STRUCTURE
dc.subject	BUDGETARY EXPENDITURES
dc.subject	CAPITAL EXPENDITURE
dc.subject	CAPITAL EXPENDITURES
dc.subject	CAPITAL MARKETS
dc.subject	CASH BALANCES
dc.subject	COMMERCIAL BANKS
dc.subject	COMMERCIAL ENTERPRISE
dc.subject	COMPOSITION OF EXPENDITURES
dc.subject	CONTINGENT LIABILITIES
dc.subject	CORPORATE INCOME TAX
dc.subject	COST OF GOVERNMENT
dc.subject	COST RECOVERY
dc.subject	CREDIT POLICY
dc.subject	CURRENCY DEVALUATION
dc.subject	CYCLICAL POLICY
dc.subject	DEBT
dc.subject	DEBT SERVICE
dc.subject	DOMESTIC DEMAND
dc.subject	DOMESTIC MARKET
dc.subject	ECONOMIC DOWNTURN
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC RECOVERY
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATE GUARANTEES
dc.subject	EXCHANGE RATES
dc.subject	EXCHANGE RESERVES
dc.subject	EXPENDITURE CUTS
dc.subject	EXPENDITURE GROWTH
dc.subject	EXPENDITURE LEVEL
dc.subject	EXPENDITURE PROGRAM
dc.subject	EXPENDITURE PROGRAMS
dc.subject	EXPENDITURE RATIONALIZATION
dc.subject	EXTERNAL BALANCE
dc.subject	EXTERNAL DEBT
dc.subject	EXTERNAL FINANCING
dc.subject	EXTERNAL IMBALANCES
dc.subject	EXTRA BUDGETARY FUNDS
dc.subject	FINANCE MINISTRY
dc.subject	FINANCIAL ACCOUNTABILITY
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL STATISTICS
dc.subject	FINANCIAL SUPPORT
dc.subject	FINANCIAL SYSTEM
dc.subject	FISCAL ACTIVITIES
dc.subject	FISCAL AUSTERITY
dc.subject	FISCAL BALANCE
dc.subject	FISCAL CONSOLIDATION
dc.subject	FISCAL COST
dc.subject	FISCAL COSTS
dc.subject	FISCAL DEFICIT
dc.subject	FISCAL DISCIPLINE
dc.subject	FISCAL FRAMEWORK
dc.subject	FISCAL IMBALANCES
dc.subject	FISCAL IMPACT
dc.subject	FISCAL INFORMATION
dc.subject	FISCAL OPERATIONS
dc.subject	FISCAL POLICIES
dc.subject	FISCAL POLICY
dc.subject	FISCAL POSITION
dc.subject	FISCAL PRESSURE
dc.subject	FISCAL PRESSURES
dc.subject	FISCAL REFORM
dc.subject	FISCAL REFORMS
dc.subject	FISCAL RETRENCHMENT
dc.subject	FISCAL RISKS
dc.subject	FISCAL SAVINGS
dc.subject	FISCAL SIDE
dc.subject	FISCAL STABILITY
dc.subject	FISCAL STANCE
dc.subject	FISCAL SUSTAINABILITY
dc.subject	FISCAL TRANSPARENCY
dc.subject	FOREIGN BORROWING
dc.subject	FOREIGN CURRENCY
dc.subject	FOREIGN EXCHANGE
dc.subject	FOREIGN LOANS
dc.subject	GOVERNMENT BUDGET
dc.subject	GOVERNMENT EXPENDITURE
dc.subject	GOVERNMENT EXPENDITURES
dc.subject	GOVERNMENT GUARANTEES
dc.subject	GOVERNMENT REVENUES
dc.subject	GOVERNMENT SPENDING
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	GROWTH RATE
dc.subject	INCOME DISTRIBUTION
dc.subject	INCOME REDISTRIBUTION
dc.subject	INCOME SUPPORT PROGRAMS
dc.subject	INCOME TAXES
dc.subject	INFLATION
dc.subject	INTEREST RATE
dc.subject	INTEREST RATE SUBSIDIES
dc.subject	INTEREST RATES
dc.subject	LOCAL GOVERNMENT BUDGETS
dc.subject	MACROECONOMIC ENVIRONMENT
dc.subject	MACROECONOMIC INDICATORS
dc.subject	MACROECONOMIC POLICIES
dc.subject	MACROECONOMIC STABILIZATION
dc.subject	MARGINAL RATE
dc.subject	MARKET PRICES
dc.subject	MEDICAL TREATMENT
dc.subject	MEDIUM TERM EXPENDITURE
dc.subject	MEDIUM TERM EXPENDITURE FRAMEWORK
dc.subject	MINISTRY OF ECONOMY
dc.subject	MINISTRY OF FINANCE
dc.subject	MONETARY AUTHORITIES
dc.subject	MONETARY POLICIES
dc.subject	MONETARY POLICY
dc.subject	NATIONAL BANK
dc.subject	NATIONAL STATISTICS
dc.subject	NET LENDING
dc.subject	OIL PRODUCTS
dc.subject	OLD-AGE
dc.subject	OPERATING EXPENDITURES
dc.subject	PAYROLL TAX
dc.subject	PAYROLL TAXES
dc.subject	PENSION FUND
dc.subject	PENSION REFORM
dc.subject	PERFORMANCE INDEX
dc.subject	PERSONAL INCOME
dc.subject	PERSONAL INCOME TAX
dc.subject	PERSONAL INCOME TAX RATE
dc.subject	POVERTY REDUCTION
dc.subject	PRICE INDEX
dc.subject	PRIVATE SECTOR
dc.subject	PRODUCER SUBSIDIES
dc.subject	PROGRAM BUDGETING
dc.subject	PROGRAMS
dc.subject	PUBLIC EXPENDITURE
dc.subject	PUBLIC EXPENDITURE REVIEW
dc.subject	PUBLIC EXPENDITURES
dc.subject	PUBLIC FINANCE
dc.subject	PUBLIC FINANCES
dc.subject	PUBLIC FINANCIAL MANAGEMENT
dc.subject	PUBLIC GOODS
dc.subject	PUBLIC INVESTMENT
dc.subject	PUBLIC INVESTMENT SPENDING
dc.subject	PUBLIC INVESTMENTS
dc.subject	PUBLIC PROCUREMENT
dc.subject	PUBLIC SECTOR
dc.subject	PUBLIC SERVICES
dc.subject	PUBLIC TRANSPORTATION
dc.subject	REFORM AGENDA
dc.subject	REFORM EFFORTS
dc.subject	RESOURCE ALLOCATION
dc.subject	REVENUE GROWTH
dc.subject	SALES TAX
dc.subject	SERVICE PROVISION
dc.subject	SOCIAL ASSISTANCE
dc.subject	SOCIAL EXPENDITURES
dc.subject	SOCIAL OUTCOMES
dc.subject	SOCIAL POLICIES
dc.subject	SOCIAL POLICY
dc.subject	SOCIAL PROTECTION
dc.subject	SOCIAL SECURITY
dc.subject	SOCIAL SECURITY CONTRIBUTIONS
dc.subject	SOCIAL SERVICES
dc.subject	SOCIAL WELFARE
dc.subject	STATE BUDGET
dc.subject	STRATEGIC ALLOCATION
dc.subject	STRUCTURAL DEFICIT
dc.subject	STRUCTURAL REFORM
dc.subject	STRUCTURAL REFORMS
dc.subject	TAX BASE
dc.subject	TAX BASES
dc.subject	TAX BURDEN
dc.subject	TAX COLLECTION
dc.subject	TAX COLLECTIONS
dc.subject	TAX CONCESSIONS
dc.subject	TAX EXEMPTIONS
dc.subject	TAX EXPENDITURES
dc.subject	TAX RATE
dc.subject	TAX RATES
dc.subject	TAX REVENUE
dc.subject	TAX REVENUES
dc.subject	TAX SYSTEM
dc.subject	TOTAL PUBLIC SPENDING
dc.subject	TOTAL SPENDING
dc.subject	TRANSITION ECONOMIES
dc.subject	UNCERTAINTY
dc.subject	WAGE EXPENDITURES
dc.subject	WAGE INCOME
dc.subject	WAGE POLICY
dc.subject	WELFARE PROGRAMS
dc.title	Belarus Public Expenditure Review : Fiscal Reforms for a Sustainable Economic Recovery
dc.type	Economic & Sector Work :: Public Expenditure Review
dc.coverage	Europe and Central Asia
dc.coverage	Europe
dc.coverage	Eastern Europe
dc.coverage	Commonwealth of Independent States
dc.coverage	Belarus