01793cas a2200241 a 4500 AALejournalIMF003425 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451802689 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Azerbaijan Republic : Staff Report for the 2004 Article IV Consultation, Fourth Review Under the Poverty Reduction and Growth Facility, Requests for Waiver of Performance Criteria, Extension of Arrangement, Reduced Access and Rephasing of Disbursements. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (85 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines Azerbaijan Republic's 2004 Article IV Consultation and Fourth Review Under the Poverty Reduction and Growth Facility. A long-term oil revenue management strategy has been adopted by the authorities, targeting a path of non-oil deficits over the medium term that seeks to preserve macroeconomic stability and also avoid overstretching implementation capacity. To ensure coherent fiscal policy, annual budgets will need to start from the poverty reduction strategy and incorporate public investment and regional development programs. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/019 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/019/002.2005.issue-019-en.xml IMF e-Library