Publication:
Armenia Public Finance Review: Enhancing Fiscal Policy Efficiency

dc.contributor.authorWorld Bank
dc.date.accessioned2024-12-05T16:43:42Z
dc.date.available2024-12-05T16:43:42Z
dc.date.issued2024-12-05
dc.description.abstractArmenia has made significant progress in its development journey by improving its macro-fiscal management towards becoming an upper-middle income country in 2018. With its prudent and disciplined macro-fiscal policy management, Armenia also demonstrated its ability to withstand shocks in recent years. Despite this, Armenia needs to address key constraints to support more inclusive and sustainable growth, by improving its spending efficiency and meantime to withstand with the spending pressures due to government ambitious reforms plans and the recent refugee crisis. This Public Finance Review (PFR) seeks to address the critical questions associated with these challenges. As a landlocked country with limited natural resources, improving fiscal performance, enhancing human capital, and boosting productivity are crucial for Armenia’s future prosperity. The recent refugee crisis has further underscored the importance of mobilizing resources and optimizing the use of public resources. Some of the questions that this PFR seeks to address include: How can public finances simultaneously increase its spending efficiency while improving human capital? Is Armenia's education system equipped to provide the necessary skills for the future generation in an equitable way? How can the country mobilize additional resources to achieve these goals without impeding growth or exacerbating inequity?en
dc.identifierhttp://documents.worldbank.org/curated/en/099120424144524795/P17985010035d10da1b04c14a29b1dbb3d7
dc.identifier.doi10.1596/42499
dc.identifier.doihttps://doi.org/10.1596/42499
dc.identifier.urihttps://hdl.handle.net/10986/42499
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectDECENT WORK
dc.subjectECONOMIC GROWTH
dc.subjectCLIMATE ACTION
dc.subjectMONETARY AND FINANCIAL STABILITY
dc.subjectSUSTAINABLE INFRASTRUCTURE FINANCE
dc.subjectTRADE FACILITATION AND LOGISTICS
dc.titleArmenia Public Finance Review: Enhancing Fiscal Policy Efficiencyen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleArmenia Public Finance Review: Enhancing Fiscal Policy Efficiency
okr.date.disclosure2024-12-05
okr.date.doiregistration2025-04-14T11:49:48.012541Z
okr.date.doiregistration2025-05-08T06:39:53.342560Z
okr.date.lastmodified2024-12-04T00:00:00Zen
okr.doctypeEconomic & Sector Work::Public Expenditure Review
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099120424144524795/P17985010035d10da1b04c14a29b1dbb3d7
okr.guid099120424144524795
okr.identifier.docmidP179850-0035d1ff-deaf-44da-b04c-4a29b1dbb3d7
okr.identifier.externaldocumentum34432281
okr.identifier.internaldocumentum34432281
okr.identifier.report195350
okr.import.id5942
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099120424144524795/pdf/P17985010035d10da1b04c14a29b1dbb3d7.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryArmenia
okr.sectorHealth-HG,Central Government (Central Agencies),Other Education,Social Protection
okr.topicFinance and Financial Sector Development::Finance and Development
okr.topicInternational Economics and Trade::Trade Facilitation
okr.topicSocial Protections and Labor::Labor Markets
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitEFI-ECA-MTI-MacroFiscal-1 (EECM1)
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