Public Information Notice: IMF Executive Board Reviews World Bank/IMF Collaboration on Public Expenditure Issues, April 11, 2003


Bank/Fund Collaboration on Public Expenditure Issues

Prepared by the IMF's Fiscal Affairs Department and the World Bank's Poverty Reduction and Economic Management Network

February 14, 2003

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Contents

Acronyms

Executive Summary

  1. Introduction

  2. Mandates, Primary Responsibilities, and Protocols for Collaboration

  3. A Survey of Stakeholders: Findings and Implications

  4. Experiences with Collaboration
    1. Institutional Factors Shaping Collaboration
    2. Public Expenditure Policy
    3. Public Expenditure Management
    4. Fiscal Transparency and Financial Accountability
    5. Case Studies of Collaboration
    6. Collaboration With Other Agencies
    7. Lessons Learned

  5. Proposed Framework for Strengthening Bank/Fund Collaboration on Expenditure Issues
    1. Framework for Country-led Collaboration
    2. Bank/Fund Collaboration
    3. Strengthening Internal Bank Coordination
    4. A Modular Approach to Diagnostics

Figures
1.  Overall Effectiveness of Bank/Fund Collaboration in Public Expenditure Work
2.  Percent of Respondents who Agree or Disagree that Problems with Collaboration are Reducing the Effectiveness of Bank/Fund Public Expenditure Advice
  
Boxes
1.  Bank and Fund Collaboration on Civil Service Reforms and Pension Reforms
2.  Turkey: Government Leadership of Reform
  
Annexes
I.  Bank Organization and Instruments for Public Expenditure Work
 A. Organization
 B. Analytical and Diagnostic Work
 C. Grants and Lending Instruments
  
II.  Fund Organization and Instruments for Public Expenditure Work
 A. Organization
 B. Surveillance and Fund-supported Programs
 C. Fiscal Modules of Reports on Observance of Standards and
     Codes (ROSCs)
 D. Technical Assistance
  
III.  Stakeholders' Survey
  
Tables 
1a.  Government: Effectiveness of Bank/Fund Collaboration on Public Expenditure Work by Functional Area
1b.  Government: Effectiveness of Different Aspects of Collaboration on Public Expenditure Work
2a.  Staff: Effectiveness of Bank/Fund Collaboration on Public Expenditure Work by Functional Area
2b.  Staff: Effectiveness of Different Aspects of Bank/Fund Collaboration on Public Expenditure Work
3a.  Donors: Effectiveness of Bank/Fund Collaboration on Public Expenditure Work by Functional Area
3b.  Donors: Effectiveness of Different Aspects of Bank/Fund Collaboration on Public Expenditure Work