United Kingdom: Technical Assistance Report-Public Investment … – International Monetary Fund

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Publication Date:
September 2, 2022
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This Technical Report discusses the results of the Public Investment Management Assessment (PIMA) of the United Kingdom (UK) undertaken in April 2022. The assessment is timely as the UK plans to increase infrastructure investment in order to boost economic growth, reduce regional disparities and help achieve the climate transition. The PIMA finds that the UK is well positioned to implement the planned ramp-up of public investment given it has robust institutions throughout the public investment cycle. Notwithstanding this, the Report suggests areas for reform that could increase efficiency and unlock greater value from public investment. The application of the Climate-PIMA module is covered in a separate companion report.
Series:
Country Report No. 2022/287
Subject:
Budget planning and preparation Capital spending Expenditure Infrastructure International organization Monetary policy National accounts Public expenditure review Public financial management (PFM) Public investment spending
Frequency:
regular
Publication Date:
September 2, 2022
ISBN/ISSN:
9798400220005/1934-7685
Stock No:
1GBREA2022012
Pages:
80
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