IMF Staff Country Reports

Republic of Armenia: Joint Staff Advisory Note on the Second Poverty Reduction Strategy Paper

Publication Date:

December 22, 2008

Electronic Access:

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

Summary:

This paper presents a Joint Staff Advisory Note on the Republic of Armenia’s Second Poverty Reduction Strategy Paper (PRSP). Armenia’s poverty and extreme poverty rates declined in 2006 to 26.5 percent and 4.1 percent of the population, respectively—results which surpassed PRSP-1 projections. Inequality also decreased to a rate below the PRSP-1 goal, as measured by a reduction in the Gini coefficient from 0.395 in 2004 to 0.369 in 2006. Prudent fiscal and monetary policies were instrumental in maintaining macroeconomic stability and contributing to poverty reduction.

Series:

Country Report No. 2008/377

Subject:

Expenditure Pension reform Poverty Poverty reduction Poverty reduction strategy