Nigeria - Lagos Rolling First Public Expenditure Review

• Ngôn ngữ: eng
• Ký hiệu phân loại: 916.69 Geography of and travel in Africa
• Thông tin xuất bản: Washington, DC, 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 318126
• Chủ đề: 1. ACCOUNTANT; 2. ACCOUNTING; 3. ADMINISTRATIVE CONTROLS; 4. ALLOCATION; 5. AMORTIZATION

Tóm tắt

This review provides an analysis of the fiscal performance and sustainability of the State of Lagos, performance of the budgeting system and of the public procurement system. It is the first in a planned rolling Public Expenditure Reviews (PERs) for Lagos state. The analysis finds that the state's fiscal policy is broadly sound and that its fiscal program is sustainable in the medium term, but only if certain conditions prevail. It also finds that the performance of the budget system has been mixed, and that the public procurement system is beset with many weaknesses. In spite of weaknesses in the budget and procurement systems, the review observes that various reforms are currently underway to addresses the weaknesses. Finally, the report offers a number of recommendations on the way forward.