Azerbaijan Republic: Staff Report for the 2001 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria

March 8, 2002

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Format: Chicago

Azerbaijan Republic: Staff Report for the 2001 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria, (USA: International Monetary Fund, 2002) accessed September 20, 2024

Summary

This paper assesses Azerbaijan’s 2001 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility (PRGF), and Request for Waiver of Performance Criteria. Economic and financial performance was satisfactory, and all quantitative performance criteria were met. Implementation of structural reforms was somewhat slower than programmed, and the authorities are requesting waivers for nonobservance of three structural performance criteria for end-September 2001 and the continuous performance criterion on the stock of external arrears. The adoption of regulations on the oil fund budget was done on time.

Subject: Budget planning and preparation, Commodities, Economic sectors, Energy sector, Expenditure, Monetary base, Money, Oil, Public financial management (PFM)

Keywords: Budget planning and preparation, Budget preparation process, Budget transparency, CR, Energy sector, Government, ISCR, Monetary base, Oil, State budget, State oil company, Systems law

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/040
Stock No:

1AZEEA0022002
ISBN:

9781451802580
ISSN:

1934-7685

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