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The current quantity of improvement Papers addresses the topics of poverty relief and source of revenue and employment new release in chosen Asian nations. it truly is in keeping with nation evaluate reviews carried less than the undertaking on "Strengthening source of revenue and employment iteration for weak inhabitants teams in significant Asian international locations in the course of fiscal transition".

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Additional resources for Income Generation and Poverty Reduction: Experiences of Selected Asian Countries (Development Papers)

Sample text

2 billion manat (US$ 142 million) was allocated from the State Social Protection Fund for the payment of social benefits. In addition, 586 billion manat (US$ 117 million) was allocated from the State budget for the same purpose and 107 billion manat (US$ 21 million) to compensate for the benefits lost. 2 per cent in 2003 compared with 2002. C. IMPLEMENTATION OF THE STATE PROGRAMME ON POVERTY REDUCTION AND ECONOMIC DEVELOPMENT The achievement of political and macroeconomic stability in the country created the conditions for making poverty reduction a priority area in the Government's economic and social policy.

Official statistics from 1990 show that 35 per cent of the population had per capita incomes below the national minimum subsistence level. Macroeconomic stabilization and economic growth were achieved in 1994, giving Azerbaijan ground to develop and realize a single-minded economic policy on the basis of systematic economic reforms. Since 1995, a number of programmes have been introduced by the Government with the financial support of such international organizations as the World Bank and IMF, and with the technical and financial support of UNDP.

5 billion) in 2003. There were also qualified changes in the structure of investments. 4 per cent, compared with 12 per cent in 1995. However, despite these positive changes in the economy, real incomes, wages, pensions, social benefits and the rate of employment remain low. In order to improve the socio-economic situation and to ensure the sustainability of macroeconomic policy, the Government has endeavoured to do the following: Strengthen macroeconomic stability and the potential for sustainable development; Improve the competitiveness of the national economy; Diversify the economy through the further development of the non-oil sectors; Ensuring efficient integration with the world economic system; Increasing public and private sector investment in infrastructure; Promoting income-generating opportunities.

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