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Revitalizing Eritrea's development strategy (Английский)

It is no exaggeration to say that Eritrea is at a cross-roads today. The war with Ethiopia meant that the development plans and programs gradually put into place since independence were disrupted. The signing of the peace agreement in December 2000, and the ruling of the boundary commission on April 13, 2002, are all-important, but it is clear that the conditions facing Eritrea are significantly more difficult than prior to the war. Not only are the direct costs of the war very high, but the break in economic relations with Ethiopia and the loss of investor confidence will continue to exact a price for some years to come. It is in this context that the Government has decided to review its development strategy and has asked for World Bank input into this process. In response, the Bank has prepared this Country Economic Memorandum (CEM). It follows the first CEM on Eritrea (World Bank 1994) that provided a Bank and donor input as independent Eritrea refined its development strategy. The CEM is divided into three chapters. The first is a review of Eritrea's development experience since independence, organized along the lines of the recommendations of the previous CEM. These recommendations covered nine major areas ranging from achieving macroeconomic stability to improving the environment. The second chapter is a review of government expenditure in Eritrea. A notable feature of this first Bank effort to review the public expenditures of Eritrea is an attempt to assess the composition of expenditures in Eritrea by reassigning them from original budget heading to a programmatic classification. The third chapter outlines a learning strategy for Eritrea. This is not meant to replace Eritrea's existing strategy. The learning strategy is meant to supplement the existing strategy based on the experience of actual implementation over the last ten years, but also on Eritrea's post-war reality.

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    Экономический/отраслевой отчет до 2003 г.

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  • Название документа

    Revitalizing Eritrea's development strategy

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    interest rates on treasury bill;International Fund for Agricultural Development;public expenditure;Cost of Doing Business;level of government expenditure;Agriculture;functional composition of expenditure;food and agriculture organization;infant and child mortality;financial sector review;terms of trade shock;short period of time;debt service to export;small and medium enterprise;War;current account balance;export of goods;government expenditure review;Diaspora;budget deficit;import of goods;quality of education;Internally Displaced Person;water and environment;Improving Labor Markets;gross national saving;foreign direct investment;public health expenditure;current account deficit;increase in expenditure;intensification of agriculture;highly indebted country;net present value;donor support;internet protocol;Public Expenditure Management;demobilization and reintegration;cash budget system;disease control program;civil service salary;Sexually transmitted diseases;resources for education;Early Childhood Development;circuit switched network;health sector strategy;representative household income;technical training institute;business process outsourcing;financial sector policy;foreign exchange dealing;state owned company;loss of forest;quality of water;health and nutrition;Risk in Agriculture;area under cultivation;tract of land;Strategy for Agriculture;high value crops;delivery of content;local government expenditure;cost of service;aggregate government expenditure;corporate income tax;lack of integration;medium term issues;gdp growth rate;fresh water resource;provision of health;interest rate policy;cost of fund;national biodiversity strategy;globally competitive economy;public sector institution;fund for health;national environmental management;domestic private sector;medium term program;degradation of soil;external public debt;indebted poor country;subsidies for fertilizer;black market rate;civil service pay;policy on education;investment and development;balance of payment;industry and trade;government finance statistic;availability of resource;private sector activity;analysis of expenditure;implementation of law;wages and salary;learning strategy;foreign investor;military expenditure;domestic debt;Macroeconomic Stability;macroeconomic consequence;Exchange Rates;learning society;bank finance;external balance;economic relation;public resource;telecenter operator;environmental problem;banking system;public fund;national account;defense expenditure;capital expenditure;budget classification;legal measure;budget speech;global economy;telecommunication service;budget process;investment fund;net worth;international service;formal economy;affordable rate;public finance;donor agencies;sector reviews;budget constraint;trade enterprise;telephony service;investor confidence;incomplete data;treasury department;official estimates;local network;administrative matter;irrigated land;Government Accounts;education strategy;university graduate;mature seed;rebel force;land resource;wireless service;national license;irrigation scheme;government data;social situation;broadband communication;telecommunication liberalization;government reports;pest control;peace agreement;budget monitoring;aggregate expenditure;inflation rate;port charge;average inflation;policy proposal;tax collection;Learning and Innovation Credit;fiscal policy;telecommunication reform;Fiscal policies;comparator country;Port Services;private hand;operational efficiency;eritrean nakfa;jumbo jet;health organization;internal consistency;expenditure plan;public money;concessional term;ethiopian birr;international reserve;education service;Education Services;shared growth;real gdp;critical infrastructure;airport capacity;import tariff;contingent liabilities;export market;infrastructure service;commercial basis;investment code;health needs;programmatic classification;cumulative impact;banking sector;risk capital;contingent liability;public education;rural area;enrollment rate

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