Public Expenditure Review : Disaster Response and Rehabilitation in the Philippines
This public expenditure review (PER) is the first comprehensive assessment of public spending on disaster response, recovery, and reconstruction activities in the Philippines. Despite the high exposure of the country to natural disaster shocks and...
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| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/815371611730636596/Disaster-Response-and-Rehabilitation-in-the-Philippines-Public-Expenditure-Review-Technical-Report http://hdl.handle.net/10986/35064 |
| Summary: | This public expenditure review (PER) is
the first comprehensive assessment of public spending on
disaster response, recovery, and reconstruction activities
in the Philippines. Despite the high exposure of the country
to natural disaster shocks and climate risks, no
comprehensive review has been carried out for
disaster-related public expenditures. This limited
information on disaster expenditure makes it difficult to
quantify the total fiscal cost of disasters and evaluate the
efficiency of related public spending. This PER was prepared
in coordination with the department of budget and management
(DBM) as a diagnostic to provide a comprehensive account of
post-disaster public spending and to help further improve
the flow of funds following disasters and climate-related
shocks. Quantifying allocations and identifying challenges
in the disbursement of funds following disasters can improve
financial preparedness and risk management. A better
understanding of post-disaster expenditures helps inform
government decisions related to reducing risk and optimizing
the allocation of funds. It further helps to: (i) streamline
the flow of funds for effective disaster response; (ii)
track funds and embedded reallocations; (iii) identify
disbursement bottlenecks; (iv) improve oversight of fund
utilization; and (v) monitor the achievement of policy targets. |
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