Publication: Armenia - Programmatic Public Expenditure Review: Raising Efficiency in Infrastructure Services
Date
2007-03-02
ISSN
Published
2007-03-02
Author(s)
World Bank
Abstract
This module draws upon the work of the
local consultants together with the Avag report on
irrigation and a study on the specific problems in rural
infrastructure. It aims to given a broad overview of
infrastructure problems, the outlook given public policy
objectives, and a suggested public policy framework and
proposes medium term policy, structural, governance and
regulatory improvements in the sector. In Armenia
considerable progress has been made in bringing
infrastructure services up to economically efficient levels.
But major challenges remain concerning service quality,
sustainability and adequacy of development to meet demand.
The government faces three challenging issues in respect of
infrastructure: the desirability of policy settings
consistent with sustained high rates of growth; improving
the stewardship of state infrastructure assets; and making
effective use of future investments, particularly those
arising from donor contributions such as the millennium
challenge corporation along with funds from customers.
Consistent with implementation of the Government's
growth and poverty alleviation strategy and related policy
settings supportive of the continuation of rapid economic
growth including high rates of private investment. The
report estimates that addressing basic minimum
infrastructure needs will require about US$300 million of investment.
Citation
“World Bank. 2007. Armenia - Programmatic Public Expenditure Review : Raising Efficiency in Infrastructure Services. © Washington, DC : World Bank. http://openknowledge.worldbank.org/handle/10986/37383 License: CC BY 3.0 IGO.”