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Armenian president receives IMF deputy managing director

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  • Armenian president receives IMF deputy managing director

    ARMENPRESS

    ARMENIAN PRESIDENT RECEIVES IMF DEPUTY MANAGING DIRECTOR

    YEREVAN, NOVEMBER 21, ARMENPRESS: Armenian President Serzh Sargsyan
    received today Deputy Managing Director of International Monetary Fund
    (IMF) Murilo Portugal and the delegation headed by him.
    Presidential press service told Armenpress that the president
    highly assessed the efforts of IMF directed towards support to
    economic development and stability of Armenia and noted that without
    that support Armenia could not have reached great success.
    Serzh Sargsyan said he is glad that the Executive Board of IMF
    approved Poverty Reduction and Growth Facility program. Noting that
    during the last fifteen years Armenia has reached serious economic
    achievements, M Portugal said that they are happy being partner of
    Armenia and being a part of the success either by financial assistance
    or by consultation.
    During the meeting they also referred to the global financial
    economic crisis. IMF Deputy Managing Director noted that it is a
    serious challenge for each country. The sides exchanged opinions over
    the increase of resistance of Armenia's economy, steps of the
    government directed towards smoothing the impact of the crisis.

    From: Emil Lazarian | Ararat NewsPress
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