Description:
I. INTRODUCTION:
1. "This sector assessment (summary) provides the background to the identification of
issues, constraints, and threats to, as well as the government?s priority reforms in support of
fiscal sustainability, macroeconomic stability and public finance. It focuses on key cross-cutting
strategic issues such as macroeconomic institutions and monetary policy, tax policy and
administration, and public financial management. This assessment draws on the sector
assessment for Macroeconomic Assessment and ongoing ADB diagnostic work"...
II. SECTOR ASSESSMENT: CONTEXT AND STRATEGIC ISSUES -
A. Context:
Economic growth; Macroeconomic instability; Fiscal policy...B. Strategic Issues - Fiscal Policy; Lifting priority spending through further tax revenue effort - (i) Sources of revenues are limited; (ii) The tax structure is complicated; (iii) Tax administration is weak; 9. Medium-term sustainable priority spending requires improving efficiency in public
expenditure management; Public Debt Sustainability; A key medium term policy reform to support fiscal sustainability will be public
debt management; Monetary and Exchange Rate Policy...III. GOVERNMENT?S SECTOR POLICY AND PLANNING FRAMEWORK...
Source/publisher:
Asian Development Bank (ADB)
Date of Publication:
2012-09-00
Date of entry:
2012-09-28
Grouping:
- Individual Documents
Category:
Language:
English
Local URL:
Format:
pdf
Size:
48.51 KB