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Public expenditures for decentralized governance in Honduras : towards restoring fiscal consolidation (English)

Fiscal consolidation remains the central challenge facing Honduras, mainly due to increasing current expenditures. The widening fiscal deficit has been driven by a significant increase in current expenditures. These increased current expenditures, which add rigidity to the budget, have occurred at the expense of investments. The efficiency of spending remains a key constraint. Limited improvements, especially in health and education outcomes despite...
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Arias Moncada,Ramon Ernesto; Biletska,Nataliya; Tolsa Caballero,Nuria; Calvo-Gonzalez,Oscar; Carias Davila,David; Djiofack,Calvin Zebaze; Medvedev,Denis; Miranda,Gustavo Ezequiel; Qian,Rong; Ramirez Arras,Karina; Razafimandimby,Luc; Sethi,Geeta; Vinuela,Lorena; Zoratto,Laura De Castro.

Public expenditures for decentralized governance in Honduras : towards restoring fiscal consolidation (English). Public Expenditure Review (PER) Washington, DC ; World Bank Group. http://documents.worldbank.org/curated/en/794291468037567297

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