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

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

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
External conditions have remained difficult since the Second Review. Remittances have fallen and copper prices remain repressed. As a result, domestic demand has weakened further, with both private consumption and investment falling. The decline in imports has continued, and bank credit growth and inflation have turned negative. Nevertheless,... READ MORE...

Publication date: July 2016
ISBN 9781498378406
$18.00

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