Georgia - Managing Expenditure Pressures for Sustainability and Growth : Public Expenditure Review

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dc.creatorWorld Bank
dc.date2013-02-12T14:12:30Z
dc.date2013-02-12T14:12:30Z
dc.date2012-11
dc.date.accessioned2026-07-01T00:52:22Z
dc.descriptionEconomic growth has rebounded strongly in Georgia during 2010-12 and commendable fiscal consolidation has been implemented, although considerable medium-term macro-fiscal challenges remain. To meet the challenge of generating rapid and sustainable growth in an uncertain global environment, Georgia will need to continue to implement and potentially deepen its fiscal consolidation program. This public expenditure review (PER) considers possible sources of expenditure pressure that could undermine the fiscal consolidation program and suggests options to manage them. Social expenditure pressures arise from the need to provide adequate old-age income to an aging population that relies primarily on the publicly funded pension benefit, as well as from needs to improve social assistance coverage of the poor, and improve health outcomes. Capital expenditure pressures arise from the need to rehabilitate a large backlog of the secondary and local road network in poor condition, continued improvement the East-West Highway, and from new investment needs in energy, water, agriculture, and regional development. The PER presents a number of options for consideration to manage fiscal consolidation, which can contribute toward greater selectivity in capital expenditures, enhanced sustainability of the road investment program, and containing medium-term social expenditure pressures. The specific policy options discussed above could collectively curtail expenditure pressures estimated at about 2.8 percent of GDP by 2015, thus enabling Georgia to meet its fiscal consolidation targets.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2012/11/17091988/georgia-managing-expenditure-pressures-sustainability-growth-public-expenditure-review
dc.identifierhttps://hdl.handle.net/10986/12314
dc.identifierhttps://doi.org/10.1596/12314
dc.identifier.urihttp://hdl.handle.net/123456789/412261
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC
dc.relationPublic expenditure review (PER);
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE COSTS
dc.subjectAGING
dc.subjectANNUAL BUDGET
dc.subjectBENEFICIARIES
dc.subjectBENEFICIARY
dc.subjectBENEFIT ANALYSIS
dc.subjectBREAST CANCER
dc.subjectBUDGET CODE
dc.subjectBUDGET COVERAGE
dc.subjectBUDGET FRAMEWORK
dc.subjectBUDGET PROCESS
dc.subjectCAPITAL BUDGET
dc.subjectCAPITAL BUDGETING
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL PROJECTS
dc.subjectCAPITAL SPENDING
dc.subjectCENTRAL AGENCIES
dc.subjectCOMPOSITION OF EXPENDITURES
dc.subjectCONSUMPTION SMOOTHING
dc.subjectCOST BENEFIT ANALYSIS
dc.subjectCOST SAVINGS
dc.subjectCPI
dc.subjectCURRENCY
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT LEVELS
dc.subjectDEBT RATIO
dc.subjectDEBT REPAYMENT
dc.subjectDEFENSE EXPENDITURES
dc.subjectDISABILITY PENSION
dc.subjectDISTRIBUTION FUNCTION
dc.subjectDONOR ASSISTANCE
dc.subjectECONOMIC CLASSIFICATION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC RECOVERY
dc.subjectEMERGING ECONOMIES
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL PROTECTION
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE LEVELS
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL FINANCING
dc.subjectFAMILIES
dc.subjectFINANCE MINISTRY
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCING REQUIREMENT
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL BALANCE
dc.subjectFISCAL BURDEN
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL COSTS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL ENVELOPE
dc.subjectFISCAL EXPENDITURE
dc.subjectFISCAL FRAMEWORK
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectGENERAL TAX REVENUES
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT INVESTMENT
dc.subjectGROWTH RATE
dc.subjectHEALTH CARE
dc.subjectHEALTH EXPENDITURE
dc.subjectHEALTH EXPENDITURES
dc.subjectHEALTH INSURANCE
dc.subjectHEALTH INTERVENTIONS
dc.subjectHEALTH OUTCOMES
dc.subjectHEALTH PROGRAMS
dc.subjectHEALTH SECTOR
dc.subjectHEALTH SPENDING
dc.subjectHOUSING
dc.subjectHYPERTENSION
dc.subjectINCOME LEVELS
dc.subjectINCOME SUPPORT
dc.subjectINFLATION
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINFRASTRUCTURE EXPENDITURE
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINSTRUMENT
dc.subjectINTERNATIONAL COMPARISONS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT INSTRUMENTS
dc.subjectISOLATION
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLIFE EXPECTANCY
dc.subjectLIVING CONDITIONS
dc.subjectMACROECONOMIC FRAMEWORK
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMARKETING
dc.subjectMEDICAL TREATMENT
dc.subjectMEDIUM TERM EXPENDITURE
dc.subjectMEDIUM TERM EXPENDITURE FRAMEWORK
dc.subjectMORTALITY
dc.subjectNATIONAL INCOME
dc.subjectNATIONAL SAVINGS
dc.subjectNET LENDING
dc.subjectOIL
dc.subjectPATIENT
dc.subjectPENSION
dc.subjectPENSION REFORM
dc.subjectPENSION SYSTEM
dc.subjectPENSION SYSTEMS
dc.subjectPENSIONS
dc.subjectPERFORMANCE INDICATORS
dc.subjectPORTFOLIO
dc.subjectPOVERTY IMPACT
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE CHANGES
dc.subjectPRIVATE DEBT
dc.subjectPRIVATE SAVINGS
dc.subjectPRIVATE SECTOR
dc.subjectPROGRAM BUDGETING
dc.subjectPROVISIONS
dc.subjectPUBLIC
dc.subjectPUBLIC CAPITAL
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEW
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC INSTITUTIONS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC SAVINGS
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectREFORM AGENDA
dc.subjectREPAYMENT
dc.subjectRETIREMENT INCOME
dc.subjectROAD NETWORK
dc.subjectROADS
dc.subjectSAFETY NET
dc.subjectSCREENING
dc.subjectSECTOR MINISTRY
dc.subjectSERVICE DELIVERY
dc.subjectSMOKING
dc.subjectSOCIAL ASSISTANCE
dc.subjectSOCIAL BENEFIT
dc.subjectSOCIAL BENEFITS
dc.subjectSOCIAL EXPENDITURE
dc.subjectSOCIAL EXPENDITURES
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL PROTECTION EXPENDITURES
dc.subjectSTATE BUDGET
dc.subjectSTRATEGIC PLANS
dc.subjectSTRATEGIC PRIORITIES
dc.subjectSUSTAINABLE GROWTH
dc.subjectTAX
dc.subjectTAX REFORMS
dc.subjectTAX REVENUES
dc.subjectTAX TREATMENT
dc.subjectTAXATION
dc.subjectTOTAL EXPENDITURES
dc.subjectTOTAL PUBLIC EXPENDITURE
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectUSE OF RESERVES
dc.subjectVENTILATION
dc.subjectWAGES
dc.subjectWITHDRAWAL
dc.titleGeorgia - Managing Expenditure Pressures for Sustainability and Growth : Public Expenditure Review

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