Republic of Armenia : Second Review Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion, Modification of Performance Criteria, and Rephasing of Purchases: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director and Advisor for the Republic of Armenia.

Author/Editor:

International Monetary Fund

Publication Date:

November 19, 2009

Electronic Access:

Free Full Text (PDF file size is 1104 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key findings of the Second Review Under the Stand-By Arrangement (SBA) for Armenia. The authorities met all quantitative performance criteria for end-June and end-September, with the exception of the end-September fiscal balance. All structural benchmarks for end-June and end-September were also implemented. The authorities request a waiver of nonobservance for the end-September fiscal balance performance criterion given the minor and temporary nature of the deviation. IMF staff supports this request, as well as the authorities’ request for completing this review.

Series:

Country Report No. 09/316

Subject:

Frequency:

Monthly

English

Publication Date:

November 19, 2009

ISBN/ISSN:

9781451801767/1934-7685

Stock No:

1ARMEA2009005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

72

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