Description: Guinea-Bissau - Public Expenditure Review Update : Enhancing Growth and Fiscal Adjustment Through Civil Service Reform

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Guinea-Bissau - Public Expenditure Review Update : Enhancing Growth and Fiscal Adjustment Through Civil Service Reform

Guinea-Bissau's large public sector wage bill poses a major threat to the country's macroeconomic stability: it hampers growth, limits the government's ability to service the domestic and external debt, and crowds out private investm...

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Bibliographic Details
Main Author:	World Bank
Language:	English
Published:	World Bank 2012
Subjects:	ACCOUNT DEFICITS BALANCE OF PAYMENTS BASELINE SCENARIO BASIC EDUCATION BASIC SOCIAL SERVICES BUDGET BALANCE BUDGET CONTROL BUDGET CYCLE BUDGET DEFICIT BUDGET EXECUTION BUDGET PREPARATION BUDGET SUPPORT BUDGETARY EXPENDITURES BUDGETARY RULES CAPITA INCOME CAPITAL EXPENDITURE CAPITAL FORMATION CAPITAL INFLOW CASH FLOW CENTRAL BANK CENTRAL GOVERNMENT CIVIL SERVANTS CIVIL SERVICE CIVIL SERVICE REFORM CONSUMPTION TAXES CREDITORS CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEBT DEBT REDUCTION DEBT RELIEF DEBT SERVICE DEBT SERVICE PAYMENTS DEBT SITUATION DEBT SUSTAINABILITY DEBT SUSTAINABILITY ANALYSIS DEBT UNIT DEFICIT FINANCING DEFICITS DOMESTIC DEBT DOMESTIC FINANCING ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC POLICY ECONOMIC RECOVERY ELECTRICITY EXCHANGE RATE EXPENDITURE MANAGEMENT EXTERNAL AID EXTERNAL ARREARS EXTERNAL BALANCES EXTERNAL BORROWING EXTERNAL DEBT EXTERNAL DEBT SERVICE EXTERNAL DEBT SITUATION EXTERNAL DEBT SUSTAINABILITY EXTERNAL PUBLIC DEBT FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SECTOR FISCAL ADJUSTMENT FISCAL BALANCE FISCAL CONSOLIDATION FISCAL DEFICIT FISCAL DISCIPLINE FISCAL IMPACT FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICIES FISCAL POLICY FISCAL STANCE FISCAL SUSTAINABILITY FORMAL SECTOR GOVERNMENT ACCOUNTS GOVERNMENT EXPENDITURE GOVERNMENT REVENUE GOVERNMENT SPENDING GROWTH RATE INFLATION LICENSES MACROECONOMIC FRAMEWORK MACROECONOMIC MANAGEMENT MACROECONOMIC PERFORMANCE MACROECONOMIC POLICIES MACROECONOMIC STABILITY MARKET PRICES MATURITIES MINISTRY OF ECONOMY MONETARY UNION NET CAPITAL NET PRESENT VALUE PENSION REFORM PER CAPITA INCOME PERSONNEL EXPENDITURE POVERTY ASSESSMENT POVERTY IMPACT POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRIMARY BALANCE PRIMARY BUDGET PRIMARY BUDGET BALANCE PRIMARY BUDGET DEFICIT PRIMARY EXPENDITURE PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE SECTOR PROGRAMS PUBLIC PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC INVESTMENT PROGRAM PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR DEBT PUBLIC SECTOR EMPLOYEES PUBLIC SECTOR RETRENCHMENT PUBLIC SECTOR SPECIALIST PUBLIC SECTOR WAGE PUBLIC SECTOR WAGE BILL PUBLIC SECTOR WAGES PUBLIC SERVANTS PUBLIC SERVICE PUBLIC SERVICES QUALITY CONTROL QUANTITATIVE INDICATORS RECURRENT EXPENDITURES REFORM AGENDA RESTRICTIVE FISCAL POLICIES REVENUE COLLECTION REVENUE PERFORMANCE SALARY PAYMENTS SALES TAX SALES TAXES SERVICE DELIVERY SOCIAL POLICIES STOCK OF DEBT STRUCTURAL REFORMS SUSTAINABILITY ANALYSIS SUSTAINABLE FISCAL BALANCE TAX COLLECTION TAX EXEMPTIONS TAXPAYERS TRANSITION ECONOMIES TREASURY
Online Access:	http://documents.worldbank.org/curated/en/2007/05/7773073/guinea-bissau-public-expenditure-review-update-enhancing-growth-fiscal-adjustment-through-civil-service-reform http://hdl.handle.net/10986/7736

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Summary:	Guinea-Bissau's large public sector wage bill poses a major threat to the country's macroeconomic stability: it hampers growth, limits the government's ability to service the domestic and external debt, and crowds out private investments. For this reason, the government decided in early 2006 to retrench more than 2,800 civil servants in a first phase, and about 1,600 military later. The objectives of this public expenditure review (PER) update are to: (i) review progress in macroeconomic and fiscal management since the previous PER; (ii) analyze the issue of compensation benefits in the context of the ongoing civil service reform; and (ii) update the debt sustainability analysis for Guinea-Bissau. Besides this introduction, the report includes three main chapters on macroeconomic management, improving the fiscal situation, and debt sustainability. The report also gives a final conclusion and discusses the way forward.