Lebanon : Public Expenditure Review, Reform Priorities for Fiscal Adjustment, Growth and Poverty Alleviation

Lebanon's current priority -- in the face of high public deficits and unsustainable debt dynamics -- is to contain and rationalize public expenditures in every possible sector while improving the efficiency of social spending. The needed containment of primary public expenditures should be unde...

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Bibliographic Details
Main Author:	World Bank
Format:	Public Expenditure Review
Language:	English en_US
Published:	Washington, DC 2012
Subjects:	ACCOUNTING ACCRUAL ACCOUNTING ADMINISTRATIVE REFORMS AGGREGATE DEMAND ALLOCATION ASSISTANCE STRATEGY BENEFICIARIES BORROWING BUDGET CONSTRAINT BUDGET CYCLE BUDGET FORMULATION BUDGET FORMULATION PROCESS BUDGET FRAMEWORK BUDGET LAW BUDGET PREPARATION BUDGET PROCESS BUDGETARY FUNDS BURDEN OF ADJUSTMENT CAPITAL ACCUMULATION CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INFLOWS CAPITAL INVESTMENT CASH BASIS CASH TRANSFERS CENTRAL BANK CIVIL SERVANTS CIVIL SERVICE COMMUNITY DEVELOPMENT COUNTRY PROGRAMS CUT SPENDING DEBT DEBT DYNAMICS DEBT MANAGEMENT DEBT RATIO DEBT RELIEF DEBT SERVICE DEBT SUSTAINABILITY DECISION-MAKERS ECONOMIC CLASSIFICATION ECONOMIC CONDITIONS ECONOMIC CONSTRAINTS ECONOMIC PERFORMANCE ECONOMIC POLICIES ELECTRICITY ENTITLEMENTS EQUITY CONSIDERATIONS EXPENDITURE CONTROL EXPENDITURE CUTS EXPENDITURE LEVELS EXTERNAL ASSISTANCE EXTERNAL SHOCKS FINANCIAL ACCOUNTABILITY FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT INFORMATION FINANCIAL MANAGEMENT INFORMATION SYSTEM FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL STATISTICS FISCAL ADJUSTMENT FISCAL ADJUSTMENTS FISCAL AFFAIRS FISCAL CONSOLIDATION FISCAL COST FISCAL COSTS FISCAL CRISIS FISCAL DATA FISCAL IMBALANCES FISCAL IMPLICATIONS FISCAL REFORMS FISCAL STABILIZATION FISCAL STANCE FISCAL SUSTAINABILITY FISCAL TRANSPARENCY FOREIGN FUNDS GOVERNMENT BORROWING REQUIREMENTS GOVERNMENT EMPLOYEES GOVERNMENT REVENUE GROSS DOMESTIC PRODUCT GROWTH POTENTIAL HEALTH EXPENDITURE HEALTH MINISTRY HEALTH ORGANIZATION HEALTH OUTCOMES HUMAN RESOURCES INCOME TAX INSTITUTIONAL CAPACITY INSTITUTIONAL REFORM INTEREST PAYMENTS INTEREST RATES INVESTMENT BUDGET INVESTMENT EXPENDITURES MACROECONOMIC FRAMEWORK MACROECONOMIC STABILITY MARGINAL COST MASTER PLAN MEDIUM TERM EXPENDITURE MEDIUM TERM EXPENDITURE FRAMEWORK MEDIUM TERM EXPENDITURE PLANNING MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORK MONETARY UNION NATIONAL GOVERNMENT NATIONAL INCOME NATURAL DISASTERS NET REVENUE PENSIONS PERFORMANCE EVALUATION PERFORMANCE REVIEW POLICY DECISIONS POLITICAL EQUILIBRIUM POLITICAL FEASIBILITY POLITICAL SUPPORT POOR POSITIVE EXTERNALITIES POVERTY ALLEVIATION PRICE INDEX PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE MARKETS PRIVATE PENSION PRIVATE SECTOR PROGRAMS PUBLIC PUBLIC ADMINISTRATION PUBLIC ASSETS PUBLIC DEBT PUBLIC DEFICIT PUBLIC DEFICITS PUBLIC EMPLOYEES PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REFORM PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURE REVIEWS PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCES PUBLIC FINANCIAL MANAGEMENT PUBLIC FUNDS PUBLIC GOODS PUBLIC HEALTH PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT SPENDING PUBLIC INVESTMENTS PUBLIC PENSION PUBLIC PROCUREMENT PUBLIC REVENUE PUBLIC SECTOR PUBLIC SECTOR EMPLOYEES PUBLIC SECTOR EMPLOYMENT PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR REFORM PUBLIC SECTOR REFORM AGENDA PUBLIC SECTORS PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SPENDING PUBLIC WAGE PURCHASING POWER REAL INTEREST RATES REFORM AGENDA REFORM PRIORITIES REGULATORY FRAMEWORK RESOURCE ALLOCATION SALES TAX SAVINGS SECTOR EXPENDITURE SERVICE CAPACITY SHOCK SOCIAL CONTRACT SOCIAL DEVELOPMENT SOCIAL EXPENDITURES SOCIAL FUND SOCIAL IMPACTS SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SERVICE SOCIAL SERVICES SOCIAL SPENDING STRATEGIC POLICY SUSTAINABILITY ANALYSIS SUSTAINABLE GROWTH TARGETING TOTAL PUBLIC SPENDING TRANSPARENCY TREASURY UNEMPLOYMENT UTILITIES WAR
Online Access:	http://hdl.handle.net/10986/8480

Description
Summary:	Lebanon's current priority -- in the face of high public deficits and unsustainable debt dynamics -- is to contain and rationalize public expenditures in every possible sector while improving the efficiency of social spending. The needed containment of primary public expenditures should be understood as a transition to restore fiscal sustainability and enhance growth prospects. This Public Expenditure Review aims to assist Lebanon in its fiscal stabilization effort. The containment of public expenditures could entail painful choices, which will first require an analysis to identify where spending pressures lie (e.g., contingent liabilities, social sectors), and how to address them. And ideally, eliminating non productive spending should replace containment as the main instrument of adjustment. The report seeks to identify what critical and realistic short and longer term measures can be implemented to achieve this objective. The report is organized as follows. Chapter 1 provides the macro-economic framework and discusses the need for fiscal adjustment. Chapter 2 looks for possibilities to contain primary expenditures in the next five years. Chapter 3 reviews the efficiency for current social expenditures, and explores ways to improve their efficiency with the view to improving support for human development during the ordinary course o f the economy and preventing human capital deterioration during any possible economic crisis. Finally, Chapter 4 discusses options to improve civil service and move towards performance budgeting in the medium-to-long run.

Lebanon : Public Expenditure Review, Reform Priorities for Fiscal Adjustment, Growth and Poverty Alleviation

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