Republic of Armenia: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion

May 31, 2006

Preview Citation

Format: Chicago

Republic of Armenia: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion, (USA: International Monetary Fund, 2006) accessed November 23, 2024

Summary

The staff report for the Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility focuses on the Republic of Armenia’s economic environment and policy discussion. Financial sector reforms will focus on improving corporate governance, strengthening regulation and supervision, and deepening financial intermediation. Price developments should be monitored closely and monetary policy tightened further should inflation pressures increase. The authorities’ plan to subsidize the local gas supplier to limit gas tariff increases for end-users is cause for concern.

Subject: Banking, Exchange rates, External debt, Foreign exchange, Monetary base, Money, Poverty, Revenue administration

Keywords: Banking system, CR, Exchange rates, Global, ISCR, Monetary base, Poverty rate, PRGF arrangement, PRGF loan, PRGF-supported program, SDR

Publication Details

Pages:

58
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/196
Stock No:

1ARMEA2006001
ISBN:

9781451801613
ISSN:

1934-7685

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