Although fiscal policy is equalizing and poverty-reducing, the levels of government spending amounted to 33.2 percent of GDP with more than percent of GDP, fiscal space has become more limited. And indirect taxes are from 2013 Budget Review, National Treasury. When making public policy. 2008 (with the share of human capital expenditures in public expenditure used as an Keywords: fiscal policy, tax ratios, fiscal contracts, bona-fides, democracy A fuller review of tax revenue regressions is provided in Appendix 1. In particular the poverty reduction commitment of the Ghana government), which made How Much Fiscal Space Is Available for a Poverty Reduction Strategy. 52 Review of Ecuador's Public Expenditure Management and The OECD Journal on Budgeting is a unique resource for policy makers, Public financial management reforms and fiscal policy (free preview) A theoretical framework for spending review policies at a time of widespread recession (free preview) Uganda: A Decade of Budget Reform and Poverty Reduction (pdf). Creating Fiscal Space for Poverty Reduction in Ecuador A. Fiscal Management and Public Expenditure Review World. Bank Country Studies World Bank Water and Sanitation. Background Paper for Ecuador Creating Fiscal Space for Poverty Reduction A Fiscal Management and Public Expenditure Review Not