Republic of Armenia: Fourth Review under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion

December 3, 2003

Preview Citation

Format: Chicago

Republic of Armenia: Fourth Review under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion, (USA: International Monetary Fund, 2003) accessed December 23, 2024

Summary

Armenia showed strong economic performance owing to its prudent macroeconomic policies and structural reforms, under the Poverty Reduction Growth Facility (PRGF) Arrangement. Executive Directors welcomed this development, and stressed the need to strengthen the tax system, structural reform agenda, and implement an effective anticorruption strategy. They emphasized the need to improve monetary stance, the legal financial sector framework, and banking supervision. They agreed that Armenia has successfully completed the fourth review under the PRGF program, and approved waiver.

Subject: Arrears, Banking, Expenditure, External debt, Revenue administration, Tax administration core functions

Keywords: Arm communications bank, Arrears, Budget bill, CR, ISCR, PRGF loan, PRGF-supported program, Right, Staff appraisal, Tax administration core functions

Publication Details

Pages:

68
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/379
Stock No:

1ARMEA0042003
ISBN:

9781451801545
ISSN:

1934-7685

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