The main objective of this fiscal note is to assist the Government of Andhra Pradesh (GoAP) in meeting the challenges mentioned above. To this end, it provides input into the state's rolling medium-term fiscal framework exercise. The new Fiscal Responsibility and Budget Management (FRBM) act...

The World Bank Group has come a long way in supporting structural reforms in its member countries. The most remarkable feature of its long 35 years and continuing journey has been its ability to listen, learn and adjust over time. It learnt relatively quickly that reform ownership is a necessary...