Republic of Armenia: Poverty Reduction Strategy Paper Progress Report

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 239

Publication date: June 2006

ISBN: 9781451801620

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public Finance , Public Policy - Social Services and Welfare , Poverty and Homelessness , ISCR , CR , budget expenditure , family benefit , poverty rate , economic growth , Gini coefficient , gross domestic product , Ra state governance entity , public expenditure , Ra government , PRSP target , government policy , management system , Poverty reduction strategy , Poverty reduction , Global , Central Asia

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Summary

The Armenian government adopted the Poverty Reduction Strategy Paper (PRSP), and the first years of the PRSP implementation have evidently resulted in the significant reduction of both poverty and extreme poverty. The main focus has been sustainable economic growth, institutional reforms, and poverty reduction targeted policy in individual spheres. The annual budget is fully based on the PRSP ideology and was programmed accepting the priorities set up in the PRSP. The government considers the medium-term expenditure framework as a key mechanism to overcome poverty.