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ARMENIA TO GET $51.4 MILLION FROM IMF AFTER PASSING LOAN REVIEW
http://www.bloomberg.com/news/2013-02-05/armenia-to-get-51-4-million-from-imf-after-passing-loan-review.html
By Aaron Eglitis - Feb 5, 2013 7:00 PM GMT
The International Monetary Fund approved a disbursement of $51.4
million for Armenia after completing a fifth review of the country~Rs
economy.
The loan is part of a three-year, $403 million accord agreed with
the Washington-based lender in June 2010, it said today in a report.
Armenia~Rs economic growth is forecast to slow to 4.3 percent this year
compared to 6.2 percent last year, the fund said in the report. The
country~Rs budget deficit is expected to widen to 2.6 percent this
year from 2.1 percent in 2012 and inflation will remain about 4
percent this year, the IMF said.
To contact the reporter on this story: Aaron Eglitis in Riga at
[email protected] To contact the editor responsible for this
story: Balazs Penz at [email protected]
http://www.bloomberg.com/news/2013-02-05/armenia-to-get-51-4-million-from-imf-after-passing-loan-review.html
By Aaron Eglitis - Feb 5, 2013 7:00 PM GMT
The International Monetary Fund approved a disbursement of $51.4
million for Armenia after completing a fifth review of the country~Rs
economy.
The loan is part of a three-year, $403 million accord agreed with
the Washington-based lender in June 2010, it said today in a report.
Armenia~Rs economic growth is forecast to slow to 4.3 percent this year
compared to 6.2 percent last year, the fund said in the report. The
country~Rs budget deficit is expected to widen to 2.6 percent this
year from 2.1 percent in 2012 and inflation will remain about 4
percent this year, the IMF said.
To contact the reporter on this story: Aaron Eglitis in Riga at
[email protected] To contact the editor responsible for this
story: Balazs Penz at [email protected]