Publication: Public Expenditure Review for Armenia
Date
2003-08
ISSN
Published
2003-08
Author(s)
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.
Citation
“World Bank. 2003. Public Expenditure Review for Armenia. World Bank Country Study;. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/19a7543f-aefc-5ca9-8b59-44597f1c311f License: CC BY 3.0 IGO.”