Georgia Public Expenditure Review

dc.creatorWorld Bank
dc.date2015-07-20T21:03:55Z
dc.date2015-07-20T21:03:55Z
dc.date2015-06
dc.date.accessioned2026-07-01T00:41:58Z
dc.descriptionGeorgia has an impressive growth record but social vulnerabilities persist. It remains a challenge to tackle social vulnerabilities within a sustained macroeconomic framework. This programmatic public expenditure review (PER) assesses the alignment of selected fiscal programs with the government’s social objectives. Building on the analysis and recommendations of the 2014 PER, this PER analyzes the impact of recent reforms including the social programs that were either introduced or scaled up in 2013. It gives an overview of the recent macroeconomic and fiscal developments, including the fiscal implications of the social programs in chapter one. It addresses three questions in the rest of the report: (1) has the realignment of spending toward social sectors resulted in better distributional outcomes; (2) have the agriculture support programs been targeted at productivity growth to support real incomes in poor rural regions; and (3) what is the fiscal and equity impact of the ongoing decentralization process? The first question is addressed by combining micro household survey data with administrative fiscal data to analyze the distributional impact of both taxes and government spending on poverty and inequality in Georgia in chapter two. The second question is addressed by comparing the cost of new agriculture programs with their estimated impact on agricultural productivity in chapter three. Finally, the issue of regional inequalities is partially addressed by discussing three different aspects of the current decentralization process: the expected fiscal impact of decentralization, the need to rationalize current capital grant programs to make public investment more effective, and the implications of introducing free preschool education administered at the local government level in chapter four.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2015/07/24763033/georgia-public-expenditure-review-selected-fiscal-issues
dc.identifierhttps://hdl.handle.net/10986/22259
dc.identifierhttps://doi.org/10.1596/22259
dc.identifier.urihttp://hdl.handle.net/123456789/409410
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectCREDIT PROGRAM
dc.subjectINCOME TAX EXEMPTION
dc.subjectMONETARY POLICY
dc.subjectNATIONAL SAVING
dc.subjectEQUIPMENT
dc.subjectACCOUNTING
dc.subjectCHECKS
dc.subjectWAREHOUSE
dc.subjectGOVERNMENT CAPACITIES
dc.subjectDISABILITY PENSIONS
dc.subjectINTEREST
dc.subjectPUBLIC INVESTMENTS
dc.subjectGOVERNMENT REVENUES
dc.subjectOPTION
dc.subjectREMITTANCE
dc.subjectDEVELOPING COUNTRIES
dc.subjectEXPORTERS
dc.subjectREVENUES
dc.subjectPORTFOLIO
dc.subjectFISCAL POLICY
dc.subjectCAPACITY BUILDING
dc.subjectLOAN
dc.subjectBUDGET CONSTRAINTS
dc.subjectGOVERNMENT SUPPORT
dc.subjectPUBLIC REGISTRY
dc.subjectALLOCATION OF CREDIT
dc.subjectOIL PRICES
dc.subjectALLOCATION OF CAPITAL
dc.subjectBENEFICIARY
dc.subjectMARKET REFORMS
dc.subjectCURRENCY
dc.subjectEXPORT GROWTH
dc.subjectCOMMERCIAL BANK
dc.subjectCAPITAL GAINS
dc.subjectCAPITAL FORMATION
dc.subjectINCOME INEQUALITY
dc.subjectMONETARY FUND
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectDEBT
dc.subjectLOCAL GOVERNMENT
dc.subjectPUBLIC FINANCE
dc.subjectLAND OWNERSHIP
dc.subjectCREDIT PROGRAMS
dc.subjectCAPITAL INVESTMENTS
dc.subjectINVENTORY
dc.subjectFISCAL DEFICIT
dc.subjectINVESTMENT DECISIONS
dc.subjectLAND‐HOLDERS
dc.subjectMARKET ECONOMY
dc.subjectCOMMERCIAL BANK LENDING
dc.subjectHUMAN CAPITAL
dc.subjectINTEREST PAYMENTS
dc.subjectGOOD
dc.subjectGOVERNMENT BUDGET
dc.subjectTRANSPARENCY
dc.subjectMARKET CONDITIONS
dc.subjectFUTURE
dc.subjectMOBILE PHONE
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFIXED CAPITAL
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectINVESTMENT PROJECTS
dc.subjectISSUANCE
dc.subjectLOAN PORTFOLIO
dc.subjectTAX RATES
dc.subjectCOMMERCIAL LOANS
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectSHARES
dc.subjectINVESTMENT CHOICES
dc.subjectPOLITICAL UNCERTAINTY
dc.subjectPUBLIC DEBT
dc.subjectTREASURY
dc.subjectHOLDINGS
dc.subjectINSURANCE
dc.subjectCAPITAL GRANTS
dc.subjectCURRENCIES
dc.subjectMICROFINANCE
dc.subjectECONOMIC DEVELOPMENT
dc.subjectFISCAL AUTONOMY
dc.subjectTAX CODE
dc.subjectBANK LOAN
dc.subjectLOAN OFFICERS
dc.subjectRATES OF RETURN
dc.subjectCOMMERCIAL BANKS
dc.subjectFINANCIAL SUPPORT
dc.subjectCONSUMER PRICE INDEX
dc.subjectLENDING
dc.subjectTRUST FUND
dc.subjectMARKET REFORM
dc.subjectPUBLIC SECTOR DEBT
dc.subjectGOVERNMENT INVESTMENT
dc.subjectINSTITUTIONAL CAPACITIES
dc.subjectCAPITAL INVESTMENT
dc.subjectPUBLIC SPENDING
dc.subjectREMITTANCES
dc.subjectLAND HOLDINGS
dc.subjectCREDIT HISTORY
dc.subjectFISCAL DECENTRALIZATION
dc.subjectCREDIT MARKET
dc.subjectINVESTING
dc.subjectHOUSEHOLD INCOMES
dc.subjectLIVING STANDARDS
dc.subjectDEFICIT
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectTAX EXEMPTION
dc.subjectVARIABLE COSTS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectSTOCK
dc.subjectFISCAL DEFICITS
dc.subjectINFORMATION SYSTEM
dc.subjectDOMESTIC BORROWING
dc.subjectLOAN PERFORMANCE
dc.subjectGUARANTEES
dc.subjectGOVERNMENT SPENDING
dc.subjectINTEREST RATE
dc.subjectEXCHANGE
dc.subjectLOCAL GOVERNMENTS
dc.subjectTAX COLLECTION
dc.subjectGOVERNMENT BUDGETING
dc.subjectDISABILITY PENSION
dc.subjectTAX
dc.subjectINCOME TAX
dc.subjectREFERENDUM
dc.subjectBUDGETING
dc.subjectBENEFICIARIES
dc.subjectINFLATION
dc.subjectPENSION
dc.subjectDEVELOPING COUNTRY
dc.subjectBANK LENDING
dc.subjectBUDGET
dc.subjectMATURITY
dc.subjectMACROECONOMIC STABILITY
dc.subjectFISCAL POLICIES
dc.subjectAGRICULTURAL LOAN
dc.subjectACCESS TO FINANCING
dc.subjectPERSONAL INCOME
dc.subjectTRADING
dc.subjectCORPORATE INVESTMENTS
dc.subjectTAX EXEMPTIONS
dc.subjectINTEREST RATES
dc.subjectOPTIONS
dc.subjectHOUSEHOLD INCOME
dc.subjectPRIVATE INVESTMENT
dc.subjectDEFICITS
dc.subjectRETURN
dc.subjectLENDERS
dc.subjectDIRECT INVESTMENT
dc.subjectLOANS
dc.subjectTAX COLLECTIONS
dc.subjectINVENTORIES
dc.subjectRESERVES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectCASH TRANSFERS
dc.subjectFINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectTAXES
dc.subjectEXPENDITURE
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectEQUITY
dc.subjectINCOME TAXES
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectTAX RATE
dc.subjectAGRICULTURAL LOANS
dc.subjectCAPITAL GRANT
dc.subjectFINANCIAL CRISIS
dc.subjectPENSIONS
dc.subjectCAPITAL GRANT ALLOCATIONS
dc.subjectBUDGETS
dc.subjectINTEREST RATE CAPS
dc.subjectWORKING CAPITAL
dc.subjectCONTRACT
dc.subjectGOVERNMENT REVENUE
dc.subjectREPAYMENT
dc.subjectEXPENDITURES
dc.subjectPROPERTY
dc.subjectPROPERTIES
dc.subjectMARKET
dc.subjectFOREIGN EXCHANGE
dc.subjectLEVY
dc.subjectLAND TITLE
dc.subjectMARKET RISKS
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectGRANT ALLOCATIONS
dc.subjectINTERESTS
dc.subjectGOODS
dc.subjectFIXED ASSETS
dc.subjectBANK LOANS
dc.subjectSECURITY
dc.subjectTRANSFER PAYMENTS
dc.subjectINVESTMENT
dc.subjectNATIONAL BANK
dc.subjectSHARE
dc.subjectTAX SYSTEM
dc.subjectCOLLATERAL
dc.subjectINTEREST COSTS
dc.subjectPOVERTY
dc.subjectTANGIBLE ASSETS
dc.subjectDECENTRALIZATION
dc.subjectREVENUE
dc.subjectEXTERNAL DEBT
dc.subjectPROFIT
dc.subjectINVESTMENTS
dc.subjectCHECK
dc.subjectINTEREST RATE RISK
dc.subjectEXCHANGE RATE
dc.subjectINSTRUMENT
dc.subjectREPAYMENT RISK
dc.subjectGUARANTEE
dc.titleGeorgia Public Expenditure Review
dc.titleSelected Fiscal Issues
dc.typeReport
dc.typeRapport
dc.typeInforme

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