IMF Bookstore: Republic of Armenia : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion: Staff Report; and Press Release on the Executive Board Consideration

Republic of Armenia : Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion: Staff Report; and Press Release on the Executive Board Consideration

Price:	$18.00

Release Date: © May, 2007
ISBN : 978-1-45180-166-8
Stock #: 1ARMEA2007001
English
Stock Status: On back-order

Languages and formats available

	English	French	Spanish	Arabic	Russian	Chinese	Portuguese
Paperback	Yes
PDF	Yes
ePub	Yes
Mobipocket	Yes

Description

This paper discusses key findings of the Fourth Review Under the Poverty Reduction and Growth Facility for Armenia. Armenia’s economy performs strongly. All end-December 2006 quantitative and all but one structural performance criteria were observed. The main policy challenges are to broaden economic growth, raise tax revenues, and manage large foreign exchange inflows. Fiscal policy remains appropriate. Meeting the ambitious 2007 revenue target will require broadening the tax base and strengthening administration. The stance of monetary policy is appropriate.

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Taxonomy

Economic policy , Exchange rate policy , Foreign exchange , Monetary policy

More publications in this series: IMF Staff Country Reports

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