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

1ARMEA2005004 Image
Price:  $15.00

Release Date: © June, 2005
ISBN : 978-1-45180-159-0
Stock #: 1ARMEA2005004
English
Stock Status: On back-order

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Description

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.

Taxonomy

Economic policy , Fiscal policy , Monetary policy




More publications in this series: IMF Staff Country Reports