Republic of Armenia Public Expenditure Review : Expanding the Fiscal Envelope

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collection.link.9
https://openknowledge.worldbank.org/handle/10986/2109
collection.name.9
Public Expenditure Review
dc.contributor.author
World Bank Group
dc.date.accessioned
2015-01-05T17:18:35Z
dc.date.available
2015-01-05T17:18:35Z
dc.date.issued
2014-05
dc.date.lastModified
2017-12-13T08:52:21Z
dc.description.abstract
Armenia'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.identifier
http://documents.worldbank.org/curated/en/2014/05/23014560/armenia-public-expenditure-review-expanding-fiscal-envelope
dc.identifier.uri
http://hdl.handle.net/10986/21063
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCOUNTING
dc.subject
ANALYTICAL CAPACITY
dc.subject
BAILIFF
dc.subject
BANKING SECTOR
dc.subject
BENEFICIARIES
dc.subject
BOND
dc.subject
BOND HOLDERS
dc.subject
BOND MARKET
dc.subject
BROKERS
dc.subject
BUDGET BALANCE
dc.subject
BUDGET CONSTRAINTS
dc.subject
BUDGET CYCLE
dc.subject
BUDGET DEFICIT
dc.subject
BUDGET EXPENDITURE
dc.subject
BUDGET PROCESS
dc.subject
BUDGET SURPLUS
dc.subject
BUDGETING
dc.subject
CAPITAL EXPENDITURE
dc.subject
CAPITAL EXPENDITURES
dc.subject
CAPITAL MARKET
dc.subject
CASH TRANSFERS
dc.subject
CENTRAL BANK
dc.subject
CENTRAL BUDGET
dc.subject
CIVIL SERVICE
dc.subject
CIVIL SERVICE PAY
dc.subject
COLLATERAL
dc.subject
COMMERCIAL BANKS
dc.subject
COMPOSITION OF EXPENDITURES
dc.subject
CONCENTRATION COEFFICIENT
dc.subject
CONCENTRATION COEFFICIENTS
dc.subject
CONTINGENT LIABILITIES
dc.subject
CORPORATE INCOME TAX
dc.subject
CORPORATE TAX RATE
dc.subject
CURRENCY
dc.subject
DEFICITS
dc.subject
DEPOSIT
dc.subject
DEPOSITORS
dc.subject
DIFFERENTIALS
dc.subject
DISABILITY PENSIONS
dc.subject
DISTRIBUTION OF INCOME
dc.subject
DOUBLE TAXATION
dc.subject
ECONOMIC CLASSIFICATION
dc.subject
EDUCATION SPENDING
dc.subject
EMERGING ECONOMIES
dc.subject
EQUIPMENT
dc.subject
EXPENDITURE POLICIES
dc.subject
EXPENDITURE PRIORITIES
dc.subject
EXPENDITURE PROGRAMS
dc.subject
EXPENDITURE REPORTING
dc.subject
EXPENDITURE REPORTS
dc.subject
EXPORTERS
dc.subject
FINANCIAL CRISIS
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
FINANCIAL OVERSIGHT
dc.subject
FINANCIAL STATEMENTS
dc.subject
FINANCIAL SYSTEM
dc.subject
FISCAL ACTIVITIES
dc.subject
FISCAL ADJUSTMENT
dc.subject
FISCAL BALANCE
dc.subject
FISCAL CONSOLIDATION
dc.subject
FISCAL ENVELOPE
dc.subject
FISCAL IMPACT
dc.subject
FISCAL POLICY
dc.subject
FISCAL PROJECTIONS
dc.subject
FISCAL SPACE
dc.subject
FISCAL SUSTAINABILITY
dc.subject
FIXED ASSETS
dc.subject
FOREIGN EXCHANGE
dc.subject
FOREIGN EXCHANGE TRANSACTIONS
dc.subject
GOVERNMENT BOND
dc.subject
GOVERNMENT BONDS
dc.subject
GOVERNMENT BUDGETARY FRAMEWORK
dc.subject
GOVERNMENT EXPENDITURE
dc.subject
GOVERNMENT GUARANTEES
dc.subject
GOVERNMENT POLICY
dc.subject
GOVERNMENT REVENUE
dc.subject
GOVERNMENT REVENUES
dc.subject
GOVERNMENT SECURITIES
dc.subject
GOVERNMENT SPENDING
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
HEALTH CARE
dc.subject
HEALTH OUTCOMES
dc.subject
HOUSEHOLD INCOME
dc.subject
HUMAN CAPITAL
dc.subject
HUMAN RESOURCE
dc.subject
INCOME REDISTRIBUTION
dc.subject
INCOME TAX
dc.subject
INCOME TAXES
dc.subject
INFLATION
dc.subject
INFRASTRUCTURE INVESTMENTS
dc.subject
INSURANCE
dc.subject
INSURANCE COMPANIES
dc.subject
INTEREST EXPENSE
dc.subject
INTEREST INCOME
dc.subject
INTEREST PAYMENTS
dc.subject
INTERNATIONAL STANDARDS
dc.subject
INVENTORY
dc.subject
INVESTMENT PROJECTS
dc.subject
JUDICIAL ENFORCEMENT
dc.subject
LABOR MARKET
dc.subject
LIVING STANDARDS
dc.subject
LLC
dc.subject
LOCAL GOVERNMENT
dc.subject
MAINTENANCE BUDGET
dc.subject
MARGINAL EFFECTS
dc.subject
MARKET FAILURES
dc.subject
MARKET TRANSACTIONS
dc.subject
MEDIUM-TERM EXPENDITURE
dc.subject
MEDIUM-TERM EXPENDITURE FRAMEWORK
dc.subject
MINISTRIES OF FINANCE
dc.subject
MINISTRY OF FINANCE
dc.subject
MINISTRY OF LABOR
dc.subject
MONETARY FUND
dc.subject
PENSION
dc.subject
PENSION REFORM
dc.subject
PENSION SYSTEM
dc.subject
PENSIONS
dc.subject
PERSONAL INCOME
dc.subject
PERSONAL INCOME TAX
dc.subject
POLICY ANALYSIS
dc.subject
POLICY DECISION
dc.subject
POLICY FRAMEWORK
dc.subject
POLICY MAKERS
dc.subject
POLICY PRIORITIES
dc.subject
POLICY RECOMMENDATIONS
dc.subject
POST-CRISIS PERIODS
dc.subject
POVERTY REDUCTION
dc.subject
PRIVATE INVESTORS
dc.subject
PUBLIC ADMINISTRATION
dc.subject
PUBLIC DEBT
dc.subject
PUBLIC DEMAND
dc.subject
PUBLIC EMPLOYMENT
dc.subject
PUBLIC ENTITIES
dc.subject
PUBLIC EXPENDITURE
dc.subject
PUBLIC EXPENDITURE REVIEW
dc.subject
PUBLIC EXPENDITURES
dc.subject
PUBLIC FINANCES
dc.subject
PUBLIC FINANCIAL MANAGEMENT
dc.subject
PUBLIC GOODS
dc.subject
PUBLIC HEALTH
dc.subject
PUBLIC SERVICE
dc.subject
PUBLIC SERVICES
dc.subject
PUBLIC SPENDING
dc.subject
PUBLIC SPENDING PROGRAMS
dc.subject
REDISTRIBUTION
dc.subject
REDISTRIBUTIVE EFFECTS
dc.subject
RESOURCE ALLOCATION
dc.subject
RESOURCE MANAGEMENT
dc.subject
RETURN
dc.subject
REVENUE BASE
dc.subject
REVENUE COLLECTION
dc.subject
REVENUE INCREASES
dc.subject
REVENUE LOSS
dc.subject
REVENUE PERFORMANCE
dc.subject
REVENUE SOURCES
dc.subject
ROAD MAINTENANCE
dc.subject
ROAD TRANSPORT
dc.subject
SAFETY NET
dc.subject
SAFETY NETS
dc.subject
SECURITIES MARKETS
dc.subject
SMALL BUSINESSES
dc.subject
SOCIAL ASSISTANCE
dc.subject
SOCIAL CONTRIBUTIONS
dc.subject
SOCIAL EXPENDITURES
dc.subject
SOCIAL INSURANCE
dc.subject
SOCIAL PROTECTION
dc.subject
SOCIAL SAFETY NETS
dc.subject
STATE BUDGET
dc.subject
STOCKS
dc.subject
SUB-NATIONAL
dc.subject
SUB-NATIONAL ENTITIES
dc.subject
SUBNATIONAL
dc.subject
SUBNATIONAL ENTITIES
dc.subject
SUBNATIONAL GOVERNMENTS
dc.subject
TAX
dc.subject
TAX ADMINISTRATION
dc.subject
TAX ADMINISTRATION REFORMS
dc.subject
TAX BASE
dc.subject
TAX BURDENS
dc.subject
TAX COLLECTION
dc.subject
TAX COLLECTIONS
dc.subject
TAX CREDIT
dc.subject
TAX DEFERRALS
dc.subject
TAX EXEMPTION
dc.subject
TAX EXEMPTIONS
dc.subject
TAX EXPENDITURE
dc.subject
TAX EXPENDITURES
dc.subject
TAX LAWS
dc.subject
TAX OFFICIALS
dc.subject
TAX PAYERS
dc.subject
TAX POLICY
dc.subject
TAX PRODUCTIVITY
dc.subject
TAX PROVISIONS
dc.subject
TAX RATE
dc.subject
TAX RATES
dc.subject
TAX REFORM
dc.subject
TAX REFORMS
dc.subject
TAX RETURNS
dc.subject
TAX REVENUE
dc.subject
TAX REVENUE MOBILIZATION
dc.subject
TAX REVENUES
dc.subject
TAX STRUCTURE
dc.subject
TAX SYSTEM
dc.subject
TAXABLE INCOME
dc.subject
TAXATION
dc.subject
TAXPAYER BEHAVIOR
dc.subject
TAXPAYERS
dc.subject
TOTAL EMPLOYMENT
dc.subject
TOTAL EXPENDITURES
dc.subject
TOTAL GOVERNMENT EXPENDITURES
dc.subject
TRANSFER PAYMENTS
dc.subject
TRANSPARENCY
dc.subject
TRUST FUND
dc.subject
TRUST FUNDS
dc.subject
TURNOVER
dc.subject
UNTAXED GOODS
dc.title
Republic of Armenia Public Expenditure Review : Expanding the Fiscal Envelope
en
okr.date.disclosure
2014-12-12
okr.doctype
Economic & Sector Work :: Public Expenditure Review
okr.docurl
http://documents.worldbank.org/curated/en/2014/05/23014560/armenia-public-expenditure-review-expanding-fiscal-envelope
okr.globalpractice
Macroeconomics and Fiscal Management
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000470435_20141212083144
okr.identifier.internaldocumentum
23014560
okr.identifier.report
93154
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/12/12/000470435_20141212083144/Rendered/PDF/931540WP00P1334000Box385388B00PUBLIC0.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Armenia
okr.sector
Public Administration, Law, and Justice :: Public administration- Other social services
okr.sector
Public Administration, Law, and Justice :: General public administration sector
okr.theme
Economic management :: Debt management and fiscal sustainability
okr.theme
Economic management :: Economic statistics, modeling and forecasting
okr.theme
Public sector governance :: Administrative and civil service reform
okr.theme
Public sector governance :: Tax policy and administration
okr.theme
Social protection and risk management :: Social safety nets
okr.topic
Macroeconomics and Economic Growth :: Subnational Economic Development
okr.topic
Public Sector Expenditure Policy
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Public Sector Economics
okr.topic
Public Sector Development
okr.topic
Macroeconomics and Economic Growth :: Taxation & Subsidies
okr.unit
Macro and Fiscal Mgmt - GP (GMFDR)

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