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...

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...