Azerbaijan Republic: Staff Report for the 2003 Article IV Consultation, Second Review Under the Poverty Reduction and Growth Facility, and Requests for Waivers of Performance Criteria, Extension of Arrangement and Rephasing of Purchases
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Summary:
This paper evaluates Azerbaijan’s 2003 Article IV Consultation, Second Review Under the Poverty Reduction and Growth Facility (PRGF), and Requests for Waivers of Performance Criteria, Extension of Arrangement and Rephasing of Purchases. Performance relative to the quantitative targets under the program was strong, as all quantitative performance criteria and most indicative targets were met. Implementation of the structural reforms under the program was slower than planned, delaying completion of the second review. The authorities are requesting several waivers related to delays in structural reforms.
Series:
Country Report No. 2003/154
Subject:
Commodities Economic sectors Energy sector Oil Oil prices Oil sector Oil, gas and mining taxes Prices Taxes
English
Publication Date:
June 6, 2003
ISBN/ISSN:
9781451802641/1934-7685
Stock No:
1AZEEA0052003
Pages:
99
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