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IMF TO ALLOCATE U.S. $60M TO ARMENIA
INFORMATION-ANALYTIC AGENCY NEWS.AM
Sept 17 2009
ARMENIA
The International Monetary Fund (IMF) is ready to provide one more,
U.S. $60m, tranche to Armenia, if the IMF Executive Board approves
the draft, reported the Wall Street Journal.
Late this October the IMF is to carry out a second discussion on the
second review of Armenia's 28-month Stand-By Arrangement (U.S. $823m
as compared with the previous U.S. $540m).
The IMF forecasts 15% economic decline in Armenia, and budget deficit
within 7.5%.
INFORMATION-ANALYTIC AGENCY NEWS.AM
Sept 17 2009
ARMENIA
The International Monetary Fund (IMF) is ready to provide one more,
U.S. $60m, tranche to Armenia, if the IMF Executive Board approves
the draft, reported the Wall Street Journal.
Late this October the IMF is to carry out a second discussion on the
second review of Armenia's 28-month Stand-By Arrangement (U.S. $823m
as compared with the previous U.S. $540m).
The IMF forecasts 15% economic decline in Armenia, and budget deficit
within 7.5%.