Republic of Armenia: Poverty Reduction Strategy Paper Progress Report
IMF Staff Country Reports, June 2, 2005
Source details
- Canonical URL
- Republic of Armenia: Poverty Reduction Strategy Paper Progress Report
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Bibliographic details
- Published: June 2, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451801576.002
Overview
- Evaluation period: covering August 2003–December 2004.
- Main conclusion: developments in 2003–04 are described as "rather reassuring."
- Overall outcome: the resulting pattern is "more favorable than what was foreseen by the PRSP development scenario."
Key findings
- Economic growth:
- "The economy grew twice as rapidly as the projected rate."
- Public expenditure policy:
- "The government continues to implement a public expenditure policy that is focused on social sectors and infrastructure development."
- Poverty and inequality:
- "As a result, compared with PRSP targets, a better performance on poverty and inequality reduction has been recorded in 2003."
Policy emphasis and implications
- Continued focus on:
- Social sectors.
- Infrastructure development.
- Implicit policy implication:
- Maintaining public expenditure priorities toward social and infrastructure areas is associated with improved poverty and inequality outcomes relative to PRSP targets.
Subjects and keywords (as listed)
- Subjects:
- Budget planning and preparation
- Expenditure
- Income
- National accounts
- Population and demographics
- Poverty
- Poverty reduction strategy
- Keywords:
- Central Asia
- CR
- development program
- economic growth
- family benefit
- Gini coefficient
- Income
- ISCR
- per capita income
- poverty level
- Poverty reduction strategy
- PRSP priority
- Ra government