Publication:
Republic of Armenia Public Expenditure Review : Expanding the Fiscal Envelope

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2015-01-05T17:18:35Z
dc.date.available2015-01-05T17:18:35Z
dc.date.issued2014-05
dc.description.abstractArmenia's small revenue and spending envelopes limit the government's ability to influence the economy, even while its influence through laws, rules, and regulations is significant. The government has an important role to play to reduce poverty and boost shared prosperity, and needs fiscal space. This public expenditure review (PER) analyzes and provides recommendations for the different dimensions of expanding the fiscal envelope. There are three ways of creating fiscal space: the first is higher tax revenue mobilization (through better administration and enforcement of existing taxes, higher tax rates, or new taxes on previously untaxed goods and services or incomes), second, lower spending on less productive programs, and third, an increase in the effectiveness of spending, that is, a higher output of the things the government wants (efficient administration, human capital, services for the population) for a given level of spending. The report highlights Armeniaapos;s limited fiscal envelope, and points out that key areas, such as education, health, and road transport, had been consistently underfunded. It suggests that revenue needs to be significantly improved, and the government will have to revisit its expenditure priorities to create the spending headroom needed to at least maintain the spending level in these areas. The structure of the report is presented as follows: section one gives executive summary. Section two focuses on quantifying fiscal activities. Section three analyzes a number of tax exemptions and loopholes. Section four analyzes ways to improve the impact out of every Armenian dram raised and spent. Section five evaluates in detail the social protection system's performance. Section six accompanies the reforms of Armenia's public service remuneration system.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/05/23014560/armenia-public-expenditure-review-expanding-fiscal-envelope
dc.identifier.doi10.1596/21063
dc.identifier.urihttps://hdl.handle.net/10986/21063
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectANALYTICAL CAPACITY
dc.subjectBAILIFF
dc.subjectBANKING SECTOR
dc.subjectBENEFICIARIES
dc.subjectBOND
dc.subjectBOND HOLDERS
dc.subjectBOND MARKET
dc.subjectBROKERS
dc.subjectBUDGET BALANCE
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUDGET CYCLE
dc.subjectBUDGET DEFICIT
dc.subjectBUDGET EXPENDITURE
dc.subjectBUDGET PROCESS
dc.subjectBUDGET SURPLUS
dc.subjectBUDGETING
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL MARKET
dc.subjectCASH TRANSFERS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BUDGET
dc.subjectCIVIL SERVICE
dc.subjectCIVIL SERVICE PAY
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMPOSITION OF EXPENDITURES
dc.subjectCONCENTRATION COEFFICIENT
dc.subjectCONCENTRATION COEFFICIENTS
dc.subjectCONTINGENT LIABILITIES
dc.subjectCORPORATE INCOME TAX
dc.subjectCORPORATE TAX RATE
dc.subjectCURRENCY
dc.subjectDEFICITS
dc.subjectDEPOSIT
dc.subjectDEPOSITORS
dc.subjectDIFFERENTIALS
dc.subjectDISABILITY PENSIONS
dc.subjectDISTRIBUTION OF INCOME
dc.subjectDOUBLE TAXATION
dc.subjectECONOMIC CLASSIFICATION
dc.subjectEDUCATION SPENDING
dc.subjectEMERGING ECONOMIES
dc.subjectEQUIPMENT
dc.subjectEXPENDITURE POLICIES
dc.subjectEXPENDITURE PRIORITIES
dc.subjectEXPENDITURE PROGRAMS
dc.subjectEXPENDITURE REPORTING
dc.subjectEXPENDITURE REPORTS
dc.subjectEXPORTERS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL OVERSIGHT
dc.subjectFINANCIAL STATEMENTS
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL ACTIVITIES
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL BALANCE
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL ENVELOPE
dc.subjectFISCAL IMPACT
dc.subjectFISCAL POLICY
dc.subjectFISCAL PROJECTIONS
dc.subjectFISCAL SPACE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFIXED ASSETS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE TRANSACTIONS
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT BUDGETARY FRAMEWORK
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT GUARANTEES
dc.subjectGOVERNMENT POLICY
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SECURITIES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHEALTH CARE
dc.subjectHEALTH OUTCOMES
dc.subjectHOUSEHOLD INCOME
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN RESOURCE
dc.subjectINCOME REDISTRIBUTION
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINFLATION
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINTEREST EXPENSE
dc.subjectINTEREST INCOME
dc.subjectINTEREST PAYMENTS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVENTORY
dc.subjectINVESTMENT PROJECTS
dc.subjectJUDICIAL ENFORCEMENT
dc.subjectLABOR MARKET
dc.subjectLIVING STANDARDS
dc.subjectLLC
dc.subjectLOCAL GOVERNMENT
dc.subjectMAINTENANCE BUDGET
dc.subjectMARGINAL EFFECTS
dc.subjectMARKET FAILURES
dc.subjectMARKET TRANSACTIONS
dc.subjectMEDIUM-TERM EXPENDITURE
dc.subjectMEDIUM-TERM EXPENDITURE FRAMEWORK
dc.subjectMINISTRIES OF FINANCE
dc.subjectMINISTRY OF FINANCE
dc.subjectMINISTRY OF LABOR
dc.subjectMONETARY FUND
dc.subjectPENSION
dc.subjectPENSION REFORM
dc.subjectPENSION SYSTEM
dc.subjectPENSIONS
dc.subjectPERSONAL INCOME
dc.subjectPERSONAL INCOME TAX
dc.subjectPOLICY ANALYSIS
dc.subjectPOLICY DECISION
dc.subjectPOLICY FRAMEWORK
dc.subjectPOLICY MAKERS
dc.subjectPOLICY PRIORITIES
dc.subjectPOLICY RECOMMENDATIONS
dc.subjectPOST-CRISIS PERIODS
dc.subjectPOVERTY REDUCTION
dc.subjectPRIVATE INVESTORS
dc.subjectPUBLIC ADMINISTRATION
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEMAND
dc.subjectPUBLIC EMPLOYMENT
dc.subjectPUBLIC ENTITIES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEW
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC SPENDING PROGRAMS
dc.subjectREDISTRIBUTION
dc.subjectREDISTRIBUTIVE EFFECTS
dc.subjectRESOURCE ALLOCATION
dc.subjectRESOURCE MANAGEMENT
dc.subjectRETURN
dc.subjectREVENUE BASE
dc.subjectREVENUE COLLECTION
dc.subjectREVENUE INCREASES
dc.subjectREVENUE LOSS
dc.subjectREVENUE PERFORMANCE
dc.subjectREVENUE SOURCES
dc.subjectROAD MAINTENANCE
dc.subjectROAD TRANSPORT
dc.subjectSAFETY NET
dc.subjectSAFETY NETS
dc.subjectSECURITIES MARKETS
dc.subjectSMALL BUSINESSES
dc.subjectSOCIAL ASSISTANCE
dc.subjectSOCIAL CONTRIBUTIONS
dc.subjectSOCIAL EXPENDITURES
dc.subjectSOCIAL INSURANCE
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SAFETY NETS
dc.subjectSTATE BUDGET
dc.subjectSTOCKS
dc.subjectSUB-NATIONAL
dc.subjectSUB-NATIONAL ENTITIES
dc.subjectSUBNATIONAL
dc.subjectSUBNATIONAL ENTITIES
dc.subjectSUBNATIONAL GOVERNMENTS
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX ADMINISTRATION REFORMS
dc.subjectTAX BASE
dc.subjectTAX BURDENS
dc.subjectTAX COLLECTION
dc.subjectTAX COLLECTIONS
dc.subjectTAX CREDIT
dc.subjectTAX DEFERRALS
dc.subjectTAX EXEMPTION
dc.subjectTAX EXEMPTIONS
dc.subjectTAX EXPENDITURE
dc.subjectTAX EXPENDITURES
dc.subjectTAX LAWS
dc.subjectTAX OFFICIALS
dc.subjectTAX PAYERS
dc.subjectTAX POLICY
dc.subjectTAX PRODUCTIVITY
dc.subjectTAX PROVISIONS
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REFORMS
dc.subjectTAX RETURNS
dc.subjectTAX REVENUE
dc.subjectTAX REVENUE MOBILIZATION
dc.subjectTAX REVENUES
dc.subjectTAX STRUCTURE
dc.subjectTAX SYSTEM
dc.subjectTAXABLE INCOME
dc.subjectTAXATION
dc.subjectTAXPAYER BEHAVIOR
dc.subjectTAXPAYERS
dc.subjectTOTAL EMPLOYMENT
dc.subjectTOTAL EXPENDITURES
dc.subjectTOTAL GOVERNMENT EXPENDITURES
dc.subjectTRANSFER PAYMENTS
dc.subjectTRANSPARENCY
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectTURNOVER
dc.subjectUNTAXED GOODS
dc.titleRepublic of Armenia Public Expenditure Review : Expanding the Fiscal Envelopeen
dspace.entity.typePublication
okr.date.disclosure2014-12-12
okr.date.doiregistration2025-05-07T11:31:32.619267Z
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.docurlhttp://documents.worldbank.org/curated/en/2014/05/23014560/armenia-public-expenditure-review-expanding-fiscal-envelope
okr.globalpracticeMacroeconomics and Fiscal Management
okr.guid799581468206072339
okr.identifier.externaldocumentum000470435_20141212083144
okr.identifier.internaldocumentum23014560
okr.identifier.report93154
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/12/12/000470435_20141212083144/Rendered/PDF/931540WP00P1334000Box385388B00PUBLIC0.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryArmenia
okr.sectorPublic Administration, Law, and Justice :: Public administration- Other social services
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.themeEconomic management :: Debt management and fiscal sustainability
okr.themeEconomic management :: Economic statistics, modeling and forecasting
okr.themePublic sector governance :: Administrative and civil service reform
okr.themePublic sector governance :: Tax policy and administration
okr.themeSocial protection and risk management :: Social safety nets
okr.topicMacroeconomics and Economic Growth::Subnational Economic Development
okr.topicPublic Sector Expenditure Policy
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Economics
okr.topicPublic Sector Development
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.unitMacro and Fiscal Mgmt - GP (GMFDR)
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