Republic of Armenia : Third Review Under the Extended Arrangement, and Request for Waiver and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Republic of Armenia

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

July 21, 2016

Electronic Access:

Free Full text (PDF file size is 1517 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Armenia’s Third Review Under the Extended Arrangement, and Request for Waiver and Modification of Performance Criteria (PC). Growth in Armenia is expected to remain subdued as recession in Russia continues and as the base effects of the 2015 one-off factors dissipate. The program performance has been broadly satisfactory. All end-December 2015 PCs, except for the fiscal deficit PC, and all the continuous PCs were met. The fiscal deficit PC was missed by 0.3 percent of GDP. The IMF staff supports completion of the review and the authorities’ request for a purchase in an amount equivalent to SDR 15.65 million.

Series:

Country Report No. 16/246

Subject:

English

Publication Date:

July 21, 2016

ISBN/ISSN:

9781498378406/1934-7685

Stock No:

1ARMEA2016001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

101

Please address any questions about this title to publications@imf.org