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Republic of Armenia: Fourth Review under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion

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  • International Monetary Fund

Abstract

Armenia showed strong economic performance owing to its prudent macroeconomic policies and structural reforms, under the Poverty Reduction Growth Facility (PRGF) Arrangement. Executive Directors welcomed this development, and stressed the need to strengthen the tax system, structural reform agenda, and implement an effective anticorruption strategy. They emphasized the need to improve monetary stance, the legal financial sector framework, and banking supervision. They agreed that Armenia has successfully completed the fourth review under the PRGF program, and approved waiver.

Suggested Citation

  • International Monetary Fund, 2003. "Republic of Armenia: Fourth Review under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion," IMF Staff Country Reports 2003/379, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2003/379
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    Cited by:

    1. Thomas Stubbs & Bernhard Reinsberg & Alexander Kentikelenis & Lawrence King, 2020. "How to evaluate the effects of IMF conditionality," The Review of International Organizations, Springer, vol. 15(1), pages 29-73, January.
    2. Daoud, Adel, 2021. "The International Monetary Fund’s intervention in education systems and its impact on children’s chances of completing school," SocArXiv kbc34, Center for Open Science.
    3. Adel Daoud, 2021. "The International Monetary Funds intervention in education systems and its impact on childrens chances of completing school," Papers 2201.00013, arXiv.org.

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