Republic of Armenia

Technical Assistance Report-Public Investment Management Assessment

Republic of Armenia
Public capital stock declined from 160 percent of GDP in 2000 to 62 percent of GDP in 2017. Public investment has remained low at approximately half of that invested by regional peers since 2012.1 This can be explained—to some extent—by a faster growth of recurrent spending at the expense of capital expenditure. As a result, Armenia ranks the... READ MORE...

Publication date: January 2019
ISBN 9781484396933
$18.00

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