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Republic of Armenia : Fiscal Transparency Evaluation

Author/Editor:

International Monetary Fund. Fiscal Affairs Dept.

Publication Date:

May 15, 2019

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Armenia’s fiscal transparency practices have benefitted from public financial management reforms over the last decade, and several planned reforms will bring further progress. Fiscal forecasts and budgets have become more forward looking and policy oriented, with the introduction of a medium-term expenditure framework (MTEF), improved fiscal objectives, and a performance budgeting system. Fiscal risk disclosure, though fragmented, has gradually improved, in particular, in macrofiscal risk assessment, and a PPP law is being drafted. The accrual accounting reform will significantly improve the coverage and quality of the budget execution reports and fiscal statistics that already provide timely and frequent information about the financial position of the government.

Series:

Country Report No. 19/134

English

Publication Date:

May 15, 2019

ISBN/ISSN:

9781498315098/1934-7685

Stock No:

1ARMEA2019004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

90

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