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

International Monetary Fund

No 2008/377, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; SDP projection; SDP progress reports; SDP action plans; SDP process; SDP baseline scenario; SDP objective; Poverty reduction strategy; Poverty reduction; Pension reform; Global (search for similar items in EconPapers)
Pages: 12
Date: 2008-12-22
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