The Republic of Chile Public Expenditure Review
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World Bank, Washington, DC
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This Public Expenditure Review was
prepared by the World Bank upon request from the Ministryof
Finance of Chile. It identifies measures to improve the
efficiency of public spending in a relatively narrow set of
programs and functions in health, education and innovation
and entrepreneurship. In health, the report recommends
specific measures to improve the procurement of drugs and
enhancing hospital efficiency. In education, efficiency
gains can be achieved within government programs for school
feeding, laptop distribution and text books. Interms of
innovation and entrepreneurship programs, there is scope for
further rationalization and consolidation of programs and
processes, especially at the design stage. If implemented,
these measures could result in cost savings of CLP284
billion (US$422 million), equivalent to 0.2 percent of GDP
or about three quarters of the fiscal adjustment targeted
for 2016.
Palabras clave
MACROECONOMIC CONTEXT, FISCAL POLICY, HEALTH EXPENDITURE, EDUCATION SPENDING, PUBLIC EXPENDITURE, PUBLIC SPENDING, ENTREPRENEURSHIP, SPENDING EFFICIENCY, INNOVATION, SMALL AND MEDIUM ENTERPRISES