UID:
edoccha_9958099345702883
Format:
1 online resource (73 p.)
ISBN:
1-4552-6128-9
,
1-4527-2732-5
,
1-280-89194-7
,
1-4519-8694-7
,
9786613733252
Series Statement:
IMF Staff Country Reports
Content:
This paper discusses key findings of the Second Review Under the Stand-By Arrangement (SBA) for Armenia. The authorities met all quantitative performance criteria for end-June and end-September, with the exception of the end-September fiscal balance. All structural benchmarks for end-June and end-September were also implemented. The authorities request a waiver of nonobservance for the end-September fiscal balance performance criterion given the minor and temporary nature of the deviation. IMF staff supports this request, as well as the authorities’ request for completing this review.
Note:
Description based upon print version of record.
,
Cover; Contents; Executive Summary; I. Background; Boxes; 1. Collapse in Construction and Remittances; 2. Summary of Anti-crisis Measures Taken by the Armenian Authorities; II. Policy Discussions; A. Macroeconomic Outlook; B. Fiscal Policy; 3. Economic Impact of a Possible Turkish-Armenian Border Reopening; 4. Structural Conditionality, 2009-10; C. Monetary Policy; D. Exchange Rate Policy; E. Financial Sector Policies; Figures; 1. Recent Exchange Rate and Monetary Sector Developments; III. Risks and Capacity to Repay; IV. Program Modalities; V. Staff Appraisal; Tables
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1. Selected Economic and Financial Indicators, 2006-102. Balance of Payments, 2007-14; 3. Monetary Accounts, 2006-10; 4. Financial Soundness Indicators for the Banking Sector, 2004-09; 5. Central Government Operations, 2007-10; 6. Central Government Operations, 2007-10; 7. Public Sector Debt Sustainability Framework, 2004-14; 8. External Debt Sustainability Framework, 2004-14; 9. Medium-Term Macroeconomic Framework, 2007-14; 10. Fund Disbursements and Timing of Reviews Under the Twenty-Eight Month Stand-By Arrangement, 2009-11; 11. Indicators of Capacity to Repay the Fund, 2008-15
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2. External Debt Sustainability: Bound Tests3. Public Debt Sustainability: Bound Tests; Attachments; I. Letter of Intent; II. Technical Memorandum of Understanding; Contents; I. Relations with the Fund; II. World Bank and IMF Collaboration-JMAP Implementation; III. Relations with the EBRD; IV. Statistical Issues
,
English
Additional Edition:
ISBN 1-4518-0176-9
Language:
English
