Public Expenditure Review for Armenia

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 priorit...

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Bibliographic Details
Main Author:	World Bank
Format:	Publication
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ANNUAL BUDGET CYCLE APPROPRIATIONS AVAILABLE DATA BUDGET ALLOCATIONS BUDGET DEFICIT BUDGET EXECUTION BUDGET EXPENDITURES BUDGET FORMULATION BUDGET LAW BUDGET LIABILITIES BUDGET MANAGEMENT BUDGET PROCESS BUDGET REFORMS BUDGET REVENUES BUDGET SYSTEM BUDGETARY FUNDS CAPACITY BUILDING CENTRAL BANK CIVIL SERVICE REFORMS CPI CURRENCY UNIT DATA COLLECTION DEFICIT FINANCING DEVELOPING COUNTRIES DONOR ASSISTANCE EBF ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC RECOVERY EXCHANGE RATE EXECUTION EXPENDITURE CATEGORIES EXPENDITURE REFORM EXTERNAL SOURCES EXTREME POVERTY FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL PERFORMANCE FINANCIAL REPORTING FINANCIAL REQUIREMENTS FISCAL FISCAL ADJUSTMENT FISCAL BALANCE FISCAL DEFICIT FISCAL DEFICITS FISCAL MANAGEMENT FISCAL OPERATIONS FISCAL PERFORMANCE FISCAL PROBLEMS FISCAL TRANSPARENCY FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FORMAL SECTOR GOVERNMENT BUDGET GOVERNMENT COMMISSION GOVERNMENT GUARANTEES GOVERNMENT POLICIES GOVERNMENT SECTOR GROSS DOMESTIC PRODUCT GROWTH RATES HEALTH CARE HOUSEHOLD EXPENDITURES INCOME INFLATION INFORMAL ECONOMY INSTITUTIONAL ASSESSMENT INSTITUTIONAL CONSTRAINTS INSTITUTIONAL REFORMS INTERNAL AUDIT INTERNATIONAL MONETARY FUND INTERNATIONAL RESERVES LEGAL FRAMEWORK LEGISLATION LICENSES LIVING CONDITIONS LOCAL TAXES MACROECONOMIC STABILITY MINISTRY OF FINANCE NATIONAL EXPENDITURES OVERALL EXPENDITURE PAYROLL TAXES PENSION FUND POVERTY ALLEVIATION POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRESENT VALUE PRIVATE SECTOR PUBLIC ADMINISTRATION PUBLIC BORROWING PUBLIC DEBATE PUBLIC DEBT PUBLIC EDUCATION PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REFORM PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC FINANCING PUBLIC HEALTH PUBLIC HEALTH EXPENDITURES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING PUBLIC UTILITIES PURCHASING POWER PURCHASING POWER PARITY QUASI-FISCAL DEFICITS RATIONALIZATION REAL TERMS REHABILITATION RESOURCE ALLOCATION RESOURCE USE REVENUE COLLECTION REVENUE PERFORMANCE ROADS SAVINGS SOCIAL ASSISTANCE SOCIAL INSURANCE SOCIAL PROTECTION SOCIAL SECTORS SOCIAL SECURITY SOCIAL SERVICES STATE BUDGET STATE ENTERPRISES STATE REVENUES STATE-OWNED ENTERPRISES STRUCTURAL ADJUSTMENT TAX TAX ADMINISTRATION TAX ARREARS TAX COLLECTION TAX COLLECTIONS TAX EXEMPTIONS TAX REVENUES TAXATION TIGHT MONETARY POLICY TOTAL EXPENDITURES TREASURY UNEMPLOYMENT UNEMPLOYMENT BENEFITS WAGES WELFARE EFFECTS PUBLIC EXPENDITURES FISCAL ADMINISTRATION FISCAL CONSTRAINTS FISCAL ADJUSTMENTS BUDGETARY PROCESS EXPENDITURE ANALYSIS PUBLIC SECTOR MANAGEMENT INSTITUTIONAL FRAMEWORK EXTERNAL FINANCE SUBSIDIES ENERGY SECTOR PUBLIC UTILITY REGULATION SOCIAL INSURANCE FUNDS PUBLIC HEALTH CARE EDUCATION SECTOR SOCIAL PROTECTION SYSTEMS INFRASTRUCTURE PUBLIC INVESTMENT PROGRAMS
Online Access:	http://documents.worldbank.org/curated/en/2003/08/2615790/public-expenditure-review-armenia http://hdl.handle.net/10986/15086

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Summary:	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.

Public Expenditure Review for Armenia

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