Republic of Armenia : 2010 Article IV Consultation, First Review Under the Extended Financing Facility and Extended Credit Facility, and Request for Modification of Performance Criteria-Staff Report; Public Information Notice and Press Release on the Exec

2010 Article IV Consultation, First Review Under the Extended Financing Facility and Extended Credit Facility, and Request for Modification of Performance Criteria-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion

Republic of Armenia : 2010 Article IV Consultation, First Review Under the Extended Financing Facility and Extended Credit Facility, and Request for Modification of Performance Criteria-Staff Report; Public Information Notice and Press Release on the Exec
The Armenian economy suffered a major setback during the global crisis. Recent macroeconomic developments are encouraging, despite inflation pressures. The fiscal policy strategy appropriately addresses medium-term fiscal and debt vulnerabilities. The monetary policy has been appropriate. The increased flexibility of the exchange rate is serving... READ MORE...

Publication date: December 2010
ISBN 9781455212736
$18.00

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