Republic of Armenia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

June 2, 2005

Preview Citation

Format: Chicago

Republic of Armenia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2005) accessed November 22, 2024

Summary

This paper assesses Armenia’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Under the previous PRGF-supported program, Armenia accomplished macroeconomic stability, rapid growth, and a significant reduction in poverty. To consolidate these gains, there is a need to address the remaining structural weaknesses and implementation gaps as identified in the ex post assessment of Armenia’s long-term IMF engagement. The 2005 reform agenda is ambitious and focuses on fiscal and financial sector reforms. Armenia’s economic outlook is favorable, although not without risks.

Subject: Banking, Capital spending, Expenditure, External debt, Fiscal policy, Revenue administration

Keywords: Capital spending, CR, Customs administration reform, Customs collection, Expenditure execution, Global, Government, ISCR, PRGF loan, PRGF-supported program, Reform, Tax revenue collection, Taxpayer

Publication Details

Pages:

88
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2005/178
Stock No:

1ARMEA2005004
ISBN:

9781451801590
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports