Fiscal Sustainability and Green Recovery Program (Subprogram 2)

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The proposed Fiscal Sustainability and Green Recovery Program (Subprogram 2) prioritizes follow-on reforms to implement the frameworks and strategies pursued under Subprogram 1, especially a medium-term revenue strategy (MTRS), state-owned enterprise (SOE) reform strategy and performance, promotion of CSIs and the creative industry, a national adaptation plan (NAP), and a climate-resilient development strategy. Subprogram 1 focused on medium-term institutional and policy frameworks to boost the efficiency of revenue administration, SOE management, private sector and skills development, and climate change adaptation and mitigation measures. The program focuses on 3 reform areas: (i) strengthening domestic resource mobilization, (ii) promoting private sector development, and (iii) facilitating green recovery.