Download or read book Republic of Armenia Programmatic Fiscal Work written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Armenia Programmatic Fiscal Work written by Weltbank and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this report, which is the third in a series of programmatic public expenditure reviews (PPER), is to identify potential measures to strengthen public finances in line with the Government's strategy to reduce fiscal risks and support budgetary consolidation. The PPER series assesses public expenditures and their alignment with development goals. For this phase of the PPER, three areas were identified with the Government as absent from previous reports yet of particular relevance given growing spending pressures. The first is efficiency of government spending on social sectors and public investment, where efficiency is defined in terms of outcomes achieved. The second area of relevance encompasses quasi-fiscal risks and contingent liabilities of the energy sector. The third area pertains to selected subsidies, which are budgeted to rise exponentially in 2016. This report is anchored in the Country Partnership Strategy (CPS) pillars of improving governance, efficiency of public administration, and service delivery. This report is divided into three chapters, each covering the very distinct fields of fiscal management identified above: (i) first chapter covers on Macroeconomic and Fiscal Challenges; (ii) second chapter focuses on Quasi-Fiscal Pressures of the Energy Sector; and (iii) third chapter deals with the Assessment of Explicit Budget Subsidies. The report employs highly discrete conceptual and analytic frameworks for each of the analyzed areas in order to draw conclusions and provide recommendations.
Download or read book Republic of Armenia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2016-12-13 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Armenia’s Fourth Review Under the Extended Arrangement and Request for Modification of Performance Criteria. Growth is expected to reach about 2.5 percent in 2016, as the external environment continues to be weak and the effects of past positive one-off factors dissipate. Domestic demand is expected to remain subdued and inflation to remain slightly negative by end-year. The headline fiscal deficit is expected to widen to nearly 6 percent of GDP, although the cyclically adjusted primary balance is projected to fall slightly vis-à-vis 2015. The IMF staff supports completion of the review and the authorities’ request for a purchase in the amount equivalent to SDR 15.65 million.
Download or read book Republic of Armenia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-07-13 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study, Armenia’s financial challenges observed in the global crisis are discussed, and also the development processes initiated by Armenia are analyzed. Short- and medium-term outlooks, and risks are also outlined. Fiscal, monetary, and banking sector policies play important roles in the development of the financial system. Structural reforms are accelerated for addressing imbalances, sustainable growth, and poverty reduction. Sound macroeconomic policies and structural reforms will help to ensure rise in productivity, exports, and inflation pickup and reduce the foreign exchange risk.
Download or read book PEFA Public Financial Management and Good Governance written by Jens Kromann Kristensen and published by World Bank Publications. This book was released on 2019-11-24 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This project, based on the Public Expenditure and Financial Accountability (PEFA) data set, researched how PEFA can be used to shape policy development in public financial management (PFM) and other major relevant policy areas such as anticorruption, revenue mobilization, political economy analysis, and fragile states. The report explores what shapes the PFM system in low- and middle-income countries by examining the relationship between political institutions and the quality of the PFM system. Although the report finds some evidence that multiple political parties in control of the legislature is associated with better PFM performance, the report finds the need to further refine and test the theories on the relationship between political institutions and PFM. The report addresses the question of the outcomes of PFM systems, distinguishing between fragile and nonfragile states. It finds that better PFM performance is associated with more reliable budgets in terms of expenditure composition in fragile states, but not aggregate budget credibility. Moreover, in contrast to existing studies, it finds no evidence that PFM quality matters for deficit and debt ratios, irrespective of whether a country is fragile or not. The report also explores the relationship between perceptions of corruption and PFM performance. It finds strong evidence of a relationship between better PFM performance and improvements in perceptions of corruption. It also finds that PFM reforms associated with better controls have a stronger relationship with improvements in perceptions of corruption compared to PFM reforms associated with more transparency. The last chapter looks at the relationship between PEFA indicators for revenue administration and domestic resource mobilization. It focuses on the credible use of penalties for noncompliance as a proxy for the type of political commitment required to improve tax performance. The analysis shows that countries that credibly enforce penalties for noncompliance collect more taxes on average.
Download or read book Greening Public Budgets in Eastern Europe Caucasus and Central Asia written by OECD and published by OECD Publishing. This book was released on 2011-08-16 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report aims to help EECCA environmental administrations to harness the potential benefits of on-going public finance reforms; particularly the shift to multi-year budgeting, stability of funding, and, ultimately, a more effective use of public money.
Download or read book Draining development written by Peter Reuter and published by World Bank Publications. This book was released on 2012-02-01 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing concern among those interested in economic development is the realization that hundreds of billions of dollars are illicitly flowing out of developing countries to tax havens and other financial centers in the developed world. This volume assesses the dynamics of these flows, much of which is from corruption and tax evasion.
Download or read book Recueil Des Trait s written by United Nations and published by . This book was released on 2004 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reforming Public Institutions and Strengthening Governance written by World Bank. Public Sector Board and published by World Bank Publications. This book was released on 2003 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report seeks to assess the progress to date in implementing the World Bank's strategy for governance and public sector reform. It also highlights specific challenges and approaches of individual regions, the Development Research Group and the World Bank Institute.
Download or read book Social Protection and Labor at the World Bank 2000 08 written by Robert Holzmann and published by World Bank Publications. This book was released on 2009 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Protection & Labor at the World Bank, 2000-2008 presents a progress review of the sector strategy by the World Bank, published in early 2001. The strategy proposed a new conceptual frameworkOCoSocial Risk ManagementOCoto review and reform existing interventions and propose new ones that better assist vulnerable people in addressing the many risks to which they are exposed."
Download or read book Beyond the Annual Budget written by World Bank and published by World Bank Publications. This book was released on 2012-11-12 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beyond the Annual Budget is a comprehensive review of country experience with Medium Term Expenditure Frameworks (MTEFs) worldwide. It looks at countries both with and without MTEFs over the period 1990 to 2008 to obtain results about their impact on fiscal performance.
Download or read book State Foreign Operations and Related Programs Appropriations for 2008 Justification of budget estimates Broadcasting Board of Governors CSCE Inter American Foundation Millennium Challenge Corp OPIC Peace Corps written by United States. Congress. House. Committee on Appropriations. Subcommittee on State, Foreign Operations, and Related Programs and published by . This book was released on 2010 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Treasury Single Account written by Israel Fainboim Yaker and published by International Monetary Fund. This book was released on 2010-06-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: A treasury single account (TSA) is an essential tool for consolidating and managing governments’ cash resources, thus minimizing borrowing costs. In countries with fragmented government banking arrangements, the establishment of a TSA should receive priority in the public financial management reform agenda. Drawing on the lessons of the Fund’s work in several countries in establishing a TSA, this paper explains its concept, essential features, and potential benefits. It also presents alternative models and approaches for designing a TSA that take into account specific country contexts as well as the preconditions and desirable sequencing for its successful implementation. Finally, the paper includes country examples from different regions in support of the analysis and recommendations.
Download or read book Improving Investment Climates written by Kristin Hallberg and published by World Bank Publications. This book was released on 2006-01-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This evaluation assesses the effectiveness of the World Bank Group in helping its member countries improve their investment climates, within the context of the World Bank Group's overall mission of poverty reduction and sustainable development.
Download or read book Legislative Calendar written by United States. Congress. House. Committee on International Relations and published by . This book was released on 2000 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Women Business and the Law 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-04-05 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women, Business and the Law 2021 is the seventh in a series of annual studies measuring the laws and regulations that affect women’s economic opportunity in 190 economies. The project presents eight indicators structured around women’s interactions with the law as they move through their lives and careers: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension. This year’s report updates all indicators as of October 1, 2020 and builds evidence of the links between legal gender equality and women’s economic inclusion. By examining the economic decisions women make throughout their working lives, as well as the pace of reform over the past 50 years, Women, Business and the Law 2021 makes an important contribution to research and policy discussions about the state of women’s economic empowerment. Prepared during a global pandemic that threatens progress toward gender equality, this edition also includes important findings on government responses to COVID-19 and pilot research related to childcare and women’s access to justice.
Download or read book Income Support for the Poorest written by Emil Tesliuc and published by World Bank Publications. This book was released on 2014-07 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study reviews the role and workings and the strengths and weaknesses of last-resort income support programs in Eastern Europe and Central Asia. It suggests how they can be made more effective, what other countries can learn from them, and why they should have a bigger role in social protection in the region.
