IMF Staff Country Reports

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

December 3, 2003

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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 November 22, 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:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2003/379

  • Stock No:

    1ARMEA0042003

  • ISBN:

    9781451801545

  • ISSN:

    1934-7685