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Public Expenditure Review for Armenia

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  • World Bank

Abstract

This is the first full-scale World Bank Public Expenditure Review for Armenia, which reviews the main fiscal trends in the country for the period 1997-2001, and develops recommendations with respect to further fiscal adjustment, expenditure prioritization, and budget consolidation. The analysis focuses on core issues, i.e., sustainability of fiscal adjustment, fiscal transparency, expenditure priorities, and short-term expenditure management, given the existing economy-wide institutional constraints. The study covers extra-budgetary funds, in-kind external grants, subsidies provided by the state-owned companies in the energy, and utility sectors, and operations of the Social Insurance Fund, as well as regular spending. It suggests a medium-term action plan to address identified weaknesses. Sectoral chapters review health, education, and social protection and insurance. The study also analyzes budget support for core public infrastructure, and the country's public investment program.

Suggested Citation

  • World Bank, 2003. "Public Expenditure Review for Armenia," World Bank Publications - Books, The World Bank Group, number 15086, December.
    • Handle: RePEc:wbk:wbpubs:15086
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/15086/269730PAPER0Public0Expenditure0Armenia.pdf?sequence=1
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    References listed on IDEAS

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    7. Heggie, I.G. & Vickers, P., 1998. "Commercial Management and Financing of Roads," Papers 409, World Bank - Technical Papers.
    8. UNICEF Innocenti Research Centre. MONEE project, 1998. "Education for All?," Papers remore98/3, Regional Monitoring Report.
    9. Mr. Balázs Horváth, 1998. "Achieving Stabilization in Armenia," IMF Working Papers 1998/038, International Monetary Fund.
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    Cited by:

    1. Lubyova, Martina., 2009. "Labour market institutions and policies in the CIS : post-transitional outcomes," ILO Working Papers 994478773402676, International Labour Organization.
    2. David Coady & Margaret Grosh & John Hoddinott, 2004. "Targeting of Transfers in Developing Countries : Review of Lessons and Experience," World Bank Publications - Books, The World Bank Group, number 14902, December.
    3. repec:ilo:ilowps:447877 is not listed on IDEAS

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