CHAPTER FOUR: ECONOMIC GOVERNANCE AND MANAGEMENT __________________________________________________________________________ the allocation of resources by taking into account developmental priorities and poverty reduction. It also helps to strengthen a priori control of public expenditure and to establish a posteriori control. Consequently, it facilitates assessment of the impact of the budget on the population and assesses budget efficiency. iii. Recommendations of the APR Panel 399. The APR Panel makes the following recommendations: In the area of macroeconomic and sectoral governance  Improve the global and sectoral competitiveness of the economy by developing infrastructures to provide a macroeconomic framework that will support development.  Increase poverty reduction in order to improve the quality of life of the population.  Broaden the tax base and improve the efficiency of revenue offices by reorganising and modernising taxation and customs services.  Improve the efficiency of public expenditure by introducing results-based public affairs management.  Broaden the production base by diversifying production.  Finalise the privatisation process, particularly in the cotton sector and the OPT, and establish the telecommunications regulatory authority.  Establish a land market to increase tax revenue, and reduce the cost of bank loans through mortgage guarantees.  Improve the business climate and production support structures by intensifying the fight against corruption.  Adopt a regulatory framework and create a regulatory body for the water and electricity sectors.  Accelerate reforms in the Cotonou Port to improve its competitiveness. In the area of forecasts and statistics 148  Pursue the reform of the national statistics system.  Improve economic framework and forecasting tools so as to take into account the problems of programme budgets.