Arab Republic of Egypt: Technical Assistance Report-Public Investment Management Assessment
Technical Assistance Reports, April 2, 2024
Source details
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- Arab Republic of Egypt: Technical Assistance Report-Public Investment Management Assessment
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Bibliographic details
- Published: April 2, 2024
- Series: Technical Assistance Reports
- DOI: https://doi.org/10.5089/9798400270895.019
Overview
- This report assesses the institutional design and effectiveness of public investment management (PIM) in Egypt.
- The report concludes that effectiveness is stronger than or on par with comparators for national planning and inter-governmental coordination, and weaker than the average comparator country on several other PIM institutions.
- Improvements in PIM are identified as important to close efficiency gaps and enhance the productivity of future public investments.
- Egypt’s Government has taken steps to improve access to infrastructure and the quality of public investment management, including through new legislation, new information systems, and significant efforts to enhance staff capacities.
- Publication date: April 2, 2024.
Key assessment findings
- Institutional strengths:
- Effectiveness stronger than or on par with comparators for national planning.
- Effectiveness stronger than or on par with comparators for inter-governmental coordination.
- Institutional weaknesses:
- Weaker than the average comparator country on several other PIM institutions (noted generically in the report summary).
- Policy rationale:
- Enhancing PIM is important to close efficiency gaps and increase the productivity of future public investments.
Main recommendations (five)
- 1) Strengthen project appraisal and selection processes.
- 2) Enable private sector involvement in public infrastructure provision.
- 3) Operationalize PFM law provisions for medium-term budgeting.
- 4) Strengthen asset management and ensure sufficient maintenance.
- 5) Strengthen procurement, project and portfolio management.
Subject coverage and keywords
- Subjects: Budget planning and preparation, Expenditure, Infrastructure, International organization, Monetary policy, National accounts, Public financial management (PFM), Public investment spending.
- Keywords: Arab Republic of Egypt, authorities of the Arab Republic of Egypt, Budget planning and preparation, Climate., Efficiency, General government debt, Global, Infrastructure, Investment, Middle East, Ministry of housing, Ministry of petroleum, PIMA, procurement system, Public investment spending.
Content in this bundle
- Tarea2024028