Republic of Armenia: Second Poverty Reduction Strategy Paper
IMF Staff Country Reports, December 22, 2008
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Bibliographic details
- Published: December 22, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451801705.002
Executive summary and core findings
- The key findings of Republic of Armenia’s Second Poverty Reduction Strategy Paper are reviewed.
- The macroeconomic and fiscal framework has been completely revised, taking into account the 2007 outcomes, tendencies developed during 2008, and challenges.
- A particular challenge identified is the projected increase of consumption prices and the GDP deflator.
- The structure of the economy has been reconsidered, targeting a larger share of industry and service sectors, mostly owing to the reduction in construction.
Macroeconomic and fiscal framework (revisions and focus)
- Complete revision of the macroeconomic and fiscal framework based on:
- 2007 outcomes.
- Tendencies developed during 2008.
- Anticipated challenges, notably the projected increase of consumption prices and the GDP deflator.
Structural economic reorientation
- Policy orientation aims at:
- Increasing the share of industry.
- Increasing the share of service sectors.
- Rationale:
- These targets are driven mostly by a reduction in construction.
Thematic scope and subjects covered
- Subject areas listed: Education, Population and demographics, Poverty, Poverty reduction, Poverty reduction strategy.
- Keywords listed: CR, Eastern Europe, economic development, economic growth, Europe, family benefit, Global, ISCR, labor market, poverty line, poverty reduction, Poverty reduction, Poverty reduction strategy, private sector.
International Monetary Fund. "Republic of Armenia: Second Poverty Reduction Strategy Paper", IMF Staff Country Reports 2008, 376 (2008), accessed 9/22/2026, https://doi.org/10.5089/9781451801705.002