Over the medium term, Bosnia and Herzegovina will go through a critical phase of fiscal adjustment and deeper economic reforms as it moves to orient its economy to the market and to increased integration with the rest of Europe. A key finding of this report is that the present size and scope of...

This report concludes that during FY1993/94 to FY002/03 the fiscal policy implemented by the government of Dominica was unsustainable and posed a risk to the stability of the currency board arrangement. Moreover, this report recommends that most of the adjustment required to achieve a...

The report, a joint effort by the Bank, and the Inter-American Development Bank, seeks to provide the Ecuadorian authorities with a comprehensive account of both institutions' diagnoses and recommendations in the area of fiscal management and public expenditure. This report consists of two...

The report, a joint effort by the Bank, and the Inter-American Development Bank, seeks to provide the Ecuadorian authorities with a comprehensive account of both institutions' diagnoses and recommendations in the area of fiscal management and public expenditure. This report consists of two...

The report reviews Grenada public expenditures for the period 1995-02 and suggests policy recommendations to achieve fiscal sustainability, improve social service delivery, and reform social protection based on the economic situation of the country at the time. To restore rapid economic growth,...

Despite high levels of per capita incomes and good social service provision, poverty remains a persistent problem in St. Kitts and Nevis. To improve competitiveness, restore rapid economic growth, and ensure its medium-term sustainability in the context of the currency union, the main challenges...