United Kingdom Technical Assistance Report-Public Investment Management Assessment

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 hel...

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Bibliographic Details
Corporate Author: International Monetary Fund Fiscal Affairs Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2022
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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520 |a 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