How to Manage Public Investment during a Postcrisis Recovery
IMF How To Notes, July 22, 2021
Source details
- Canonical URL
- How to Manage Public Investment during a Postcrisis Recovery
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Bibliographic details
- Authors: Richard I Allen, Eivind Tandberg
- Published: July 22, 2021
- Series: IMF How To Notes
- DOI: https://doi.org/10.5089/9781513584416.061
Summary and main findings
- Public investment is likely to be an important component of any postcrisis recovery program.
- To ensure a smart, green, fair recovery, investing in modern, resilient, and efficient infrastructure assets will be key.
- The How to Note discusses how countries should manage public investments to recover from the COVID-19 pandemic and similar crises.
- It provides guidance on making efficient use of public investment to support economic recovery on three capacity levels: basic, medium, and advanced.
Guidance by capacity level
- Basic: Guidance tailored for countries with basic public investment management capacity (label in source: "basic").
- Medium: Guidance tailored for countries with medium public investment management capacity (label in source: "medium").
- Advanced: Guidance tailored for countries with advanced public investment management capacity (label in source: "advanced").
Key themes and areas of focus
- Crisis investment program design and implementation.
- Infrastructure: prioritizing modern, resilient, and efficient assets.
- Portfolio monitoring of investment projects.
- Public corporation investment management.
- Role of a support unit in strengthening public investment management.
- Use of Public Investment Management Assessment (PIMA) as a diagnostic tool.
Content in this bundle
- How to Manage Public Investment during a Postcrisis Recovery