Malawi - Public Expenditures : Issues and Options
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Washington, DC
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This report argues that public
expenditure outcomes in Malawi, can be improved in the next
few years, provided 1) additional spending on priority items
is balanced by expenditure cut-backs in low priority areas,
so that public expenditures remain within fiscal parameters
to restore macroeconomic stability; 2) incentives for
improving the budget process are strengthened; 3)
intra-sectoral allocations in key sectors, i.e., education,
health, agriculture, and roads, focus on key public goods,
and, measures to improve spending are enforced; and, 4)
areas such as pensions, and parastatals are restructured, so
as to reduce future fiscal burden. Balancing additional
spending on priority areas within a macroeconomic framework,
will require expenditure restructuring, by limiting
non-essential spending, to reduce the country's overall
deficit, achieve its macro targets, and attain the Heavily
Indebted Poor Countries (HIPC) debt relief finance, which
should allow additional spending on priority items.
Recommendations suggest a shift in expenditures towards
social sectors, HIV/AIDS control and prevention, roads
management improvement, and, governance to strengthen the
budgetary process. And, savings could be generated by
reducing ad-hoc expenditures (e.g., maize price
interventions), reducing State Officials allocations (e.g.,
residences, foreign travel, etc.), and, curbing fraud and corruption.
Palabras clave
PUBLIC EXPENDITURES, GOVERNANCE APPROACH, PUBLIC SPENDING, FISCAL MANAGEMENT, MACROECONOMIC STABILIZATION, BUDGETARY PROCESS, SECTORAL ALLOCATION, EDUCATION SECTOR, PUBLIC HEALTH, AGRICULTURAL DEVELOPMENT, ROAD PLANNING, LAW ENFORCEMENT, PENSION REFORM, PARASTATAL REFORM, FISCAL CONSTRAINTS, PUBLIC FINANCE, HEAVILY INDEBTED POOR COUNTRIES, DEBT RELIEF, SOCIAL SECTOR INVESTMENT, ACQUIRED IMMUNE DEFICIENCY SYNDROME, HIV VIRUSES ACCOUNTABILITY, ADJUSTMENT POLICIES, ADMINISTRATIVE CAPACITY, ADMINISTRATIVE REFORM, ADMINISTRATIVE REFORMS, AGGREGATE FISCAL DISCIPLINE, AGRICULTURAL OUTPUT, AGRICULTURE, ANTI-CORRUPTION, AUDITING, AUTHORITY, BALANCE OF PAYMENTS, BENCHMARK, BORROWING, BUDGET DEFICIT, BUDGET EXECUTION, BUDGET FORMULATION, BUDGET MANAGEMENT, BUDGET MONITORING, BUDGET PROCESS, BUDGETARY ALLOCATION, BUDGETARY ALLOCATIONS, BUDGETARY FUNDS, CADRES, CAPACITY BUILDING, CAPITALIZATION, CENTRAL BANK, CENTRAL GOVERNMENT, CIVIL SERVICE, CORRUPTION, COST CENTERS, DEBT, DEBT MANAGEMENT, DEBT RELIEF, DECENTRALIZATION, DEVELOPMENT ASSISTANCE, DOMESTIC BORROWING, ECONOMIC EFFICIENCY, ECONOMIC STABILITY, ELECTRICITY, EXCHANGE RATE, EXECUTION, EXPENDITURE, FINANCIAL MANAGEMENT, FINANCIAL PERFORMANCE, FISCAL, FISCAL BURDEN, FISCAL DEFICIT, FISCAL DEFICITS, FISCAL POLICY, FISCAL PRESSURES, FISCAL YEAR, FORECASTS, GDP, GOVERNMENT MINISTRIES, GOVERNMENT ROLE, GOVERNMENTAL ORGANIZATION, GROSS DOMESTIC PRODUCT, GROWTH RATE, HEALTH EXPENDITURES, HOUSING, HUMAN RESOURCE, INCOME, INEFFICIENCY, INFLATION, INFLATION RATE, INSTITUTIONAL ANALYSIS, INSTITUTIONAL AUTONOMY, INTEREST RATE, INTEREST RATES, JUDICIARY, LACK OF CLARITY, LOAN FINANCING, LOW TARIFFS, MACROECONOMICS, MEDIUM TERM EXPENDITURE FRAMEWORK, MINISTRY OF FINANCE, MONETARY AUTHORITIES, MONETARY POLICY, MPC, NATIONS, NATURAL RESOURCES, PARASTATAL SECTOR, PARASTATALS, PENSIONS, POVERTY ALLEVIATION, POVERTY LINE, PRIVATE SECTOR, PRIVATE SECTOR PARTICIPATION, PRIVATIZATION, PRODUCTIVITY, PUBLIC ENTERPRISES, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE MANAGEMENT, PUBLIC EXPENDITURE REVIEW, PUBLIC EXPENDITURES, PUBLIC FINANCING, PUBLIC GOODS, PUBLIC HEALTH, PUBLIC HEALTH EXPENDITURE, PUBLIC RESOURCES, PUBLIC SECTOR, PUBLIC SPENDING, REGULATORY AUTHORITY, REGULATORY FRAMEWORK, REVENUE COLLECTION, ROADS, SAVINGS, SOCIAL SECTORS, SUBVENTIONS, SURTAXES, TAX, TAX ADMINISTRATION, TAX REVENUE, TAX REVENUES, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TERMS OF TRADE, TOTAL EXPENDITURES, TOTAL REVENUE, TRADE TAXES, TREASURY, USER CHARGES, WAGES