Republic of Armenia Programmatic Fiscal Work : Supporting Effective Fiscal Management
The objective of this report, which is the third in a series of programmatic public expenditure reviews (PPER), is to identify potential measures to strengthen public finances in line with the Government’s strategy to reduce fiscal risks and suppor...
| Main Author: | |
|---|---|
| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/958421481287940209/Republic-of-Armenia-programmatic-fiscal-work-supporting-effective-fiscal-management http://hdl.handle.net/10986/25771 |
| id |
okr-10986-25771 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-257712021-05-25T08:56:05Z Republic of Armenia Programmatic Fiscal Work : Supporting Effective Fiscal Management World Bank public expenditure social spending health spending education spending social protection fiscal trends energy power state-owned subsidies The objective of this report, which is the third in a series of programmatic public expenditure reviews (PPER), is to identify potential measures to strengthen public finances in line with the Government’s strategy to reduce fiscal risks and support budgetary consolidation. The PPER series assesses public expenditures and their alignment with development goals. For this phase of the PPER, three areas were identified with the Government as absent from previous reports yet of particular relevance given growing spending pressures. The first is efficiency of government spending on social sectors and public investment, where efficiency is defined in terms of outcomes achieved. The second area of relevance encompasses quasi-fiscal risks and contingent liabilities of the energy sector. The third area pertains to selected subsidies, which are budgeted to rise exponentially in 2016. This report is anchored in the Country Partnership Strategy (CPS) pillars of improving governance, efficiency of public administration, and service delivery. This report is divided into three chapters, each covering the very distinct fields of fiscal management identified above: (i) first chapter covers on Macroeconomic and Fiscal Challenges; (ii) second chapter focuses on Quasi-Fiscal Pressures of the Energy Sector; and (iii) third chapter deals with the Assessment of Explicit Budget Subsidies. The report employs highly discrete conceptual and analytic frameworks for each of the analyzed areas in order to draw conclusions and provide recommendations. 2016-12-16T20:07:24Z 2016-12-16T20:07:24Z 2016-06-20 Report http://documents.worldbank.org/curated/en/958421481287940209/Republic-of-Armenia-programmatic-fiscal-work-supporting-effective-fiscal-management http://hdl.handle.net/10986/25771 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Europe and Central Asia Armenia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
public expenditure social spending health spending education spending social protection fiscal trends energy power state-owned subsidies |
| spellingShingle |
public expenditure social spending health spending education spending social protection fiscal trends energy power state-owned subsidies World Bank Republic of Armenia Programmatic Fiscal Work : Supporting Effective Fiscal Management |
| geographic_facet |
Europe and Central Asia Armenia |
| description |
The objective of this report, which is
the third in a series of programmatic public expenditure
reviews (PPER), is to identify potential measures to
strengthen public finances in line with the Government’s
strategy to reduce fiscal risks and support budgetary
consolidation. The PPER series assesses public expenditures
and their alignment with development goals. For this phase
of the PPER, three areas were identified with the Government
as absent from previous reports yet of particular relevance
given growing spending pressures. The first is efficiency of
government spending on social sectors and public investment,
where efficiency is defined in terms of outcomes achieved.
The second area of relevance encompasses quasi-fiscal risks
and contingent liabilities of the energy sector. The third
area pertains to selected subsidies, which are budgeted to
rise exponentially in 2016. This report is anchored in the
Country Partnership Strategy (CPS) pillars of improving
governance, efficiency of public administration, and service
delivery. This report is divided into three chapters, each
covering the very distinct fields of fiscal management
identified above: (i) first chapter covers on Macroeconomic
and Fiscal Challenges; (ii) second chapter focuses on
Quasi-Fiscal Pressures of the Energy Sector; and (iii) third
chapter deals with the Assessment of Explicit Budget
Subsidies. The report employs highly discrete conceptual and
analytic frameworks for each of the analyzed areas in order
to draw conclusions and provide recommendations. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Republic of Armenia Programmatic Fiscal Work : Supporting Effective Fiscal Management |
| title_short |
Republic of Armenia Programmatic Fiscal Work : Supporting Effective Fiscal Management |
| title_full |
Republic of Armenia Programmatic Fiscal Work : Supporting Effective Fiscal Management |
| title_fullStr |
Republic of Armenia Programmatic Fiscal Work : Supporting Effective Fiscal Management |
| title_full_unstemmed |
Republic of Armenia Programmatic Fiscal Work : Supporting Effective Fiscal Management |
| title_sort |
republic of armenia programmatic fiscal work : supporting effective fiscal management |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/958421481287940209/Republic-of-Armenia-programmatic-fiscal-work-supporting-effective-fiscal-management http://hdl.handle.net/10986/25771 |
| _version_ |
1764460099820060672 |