By Lev M. Freinkman, P. Safarian
This, the 1st full-scale global financial institution Public Expenditure assessment for Armenia, stories the most economic tendencies in Armenia in the time of 1997-2001 and develops innovations with recognize to extra economic adjustment, expenditure prioritization, and funds consolidation. The research makes a speciality of the subsequent middle concerns: Sustainability of economic adjustment, economic transparency, expenditure priorities, and temporary expenditure administration given the prevailing economy-wide institutional constraints. This learn covers extra-budgetary money, in-kind exterior delivers, subsidies supplied via the state-owned businesses within the power and software sectors, and operation of the Social assurance Fund, in addition to commonplace budgetary spending. It indicates a medium-term motion plan to deal with pointed out weaknesses. area chapters evaluate overall healthiness, schooling, and social defense and coverage. The file additionally analyzes finances aid for middle public infrastructure, and Armenia's public funding software.
Read Online or Download Public Expenditure Review of Armenia (World Bank Country Study) PDF
Similar education books
This, the 1st full-scale international financial institution Public Expenditure overview for Armenia, experiences the most monetary developments in Armenia throughout the time of 1997-2001 and develops ideas with appreciate to extra economic adjustment, expenditure prioritization, and finances consolidation. The research makes a speciality of the next center concerns: Sustainability of monetary adjustment, monetary transparency, expenditure priorities, and momentary expenditure administration given the present economy-wide institutional constraints.
This sensible consultant covers present guidance and revised HLTA regulations and is designed to aid educating assistants and different help employees take care of behaviour within the school room. the writer specializes in the reader's personal behavior as a place to begin for behaviour administration; this article is going to account for a number of the situations within which a educating Assistant can have to regulate behaviour, and also will offer recommendation on operating with the category instructor.
If you are new to ActionScript three. zero, or are looking to improve your ability set, this bestselling ebook is the appropriate advisor. Designers, builders, and programmers alike will locate studying ActionScript three. zero important for navigating ActionScript three. 0's studying curve. you will study the language through getting a transparent examine crucial themes resembling good judgment, occasion dealing with, showing content material, periods, and masses extra.
- Value Theory: A Research into Subjectivity
- Edexcel AS and A Level Modular Mathematics: Mechanics 3
- Mastering Entity Framework
- Knowledge Society vs. Knowledge Economy: Knowledge, Power, and Politics (Issues in Higher Education)
- New Borders for a Changing Europe: Cross-Border Cooperation and Governance (Cass Series in Regional and Federal Studies)
- 101 Must-Know Blues Licks (Guitar Educational)
Extra resources for Public Expenditure Review of Armenia (World Bank Country Study)
It is estimated that after full repayment of these credits, NPV of external debt will decline from 29 to 27 percent of GDP. Overall, Armenia’s debt should remain manageable as export performance continues to improve. However, the World Bank does not envisage that Armenia will become creditworthy for IBRD lending during the next three years. It is important that external support in the next several years still be provided as grants or on a highly concessional basis. 26. Respectively, the ratio of total public debt service (including amortization) to export declined from 41 percent in 1997 and 49 in 1999 to 26 in 2001.
9). While the Government did push for an increase in the size of the budget as a share of GDP, this trend continued only up to 1999. The results for 2000–01 were disappointing. The budget outcome for 2001 was very close to the level of 1997—just above 20 percent of GDP. The use of the budget deviation index is a simple methodology for measuring overall budget predictability_whether the Budget Law gives an accurate estimate of final expenditures. The index expresses the sum of the absolute value of budget deviations by sector as a percentage of 22.
17. 5 somewhat overestimates the level of Government savings due to problems in the budget classification. Government lending in Armenia, which largely represents hidden subsidies, is traditionally excluded from the Current Expenditure part of the budget. See Chapter 2. 2 Note: a. Excluding budget transfers to the SIF. Source: IMF, MOFE. 5). The revenues increased through improved tax and customs administration, simplification of the tax structure and broadening the tax base. The general improvement in tax performance derived almost entirely from better collection of indirect taxes.