Republic of Armenia: Poverty Reduction Strategy Paper Progress Report

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 175

Publication date: June 2005

ISBN: 9781451801576

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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.

Economics- Macroeconomics , Public Finance , Public Policy - Social Services and Welfare , Demography , Poverty and Homelessness , ISCR , CR , poverty level , per capita income , Ra government , PRSP priority , development program , Gini coefficient , family benefit , economic growth , Income , Poverty reduction strategy , Central Asia

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Summary

This paper evaluates Armenia’s Poverty Reduction Strategy Paper (PRSP) Progress Report covering August 2003–December 2004. The developments in 2003–04 are rather reassuring. The resulting pattern, overall, is more favorable than what was foreseen by the PRSP development scenario. Particularly, the economy grew twice as rapidly as the projected rate, and the government continues to implement a public expenditure policy that is focused on social sectors and infrastructure development. As a result, compared with PRSP targets, a better performance on poverty and inequality reduction has been recorded in 2003.