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This is the fourth in a series of Board papers developing a comprehensive Fund view on capital flows and the policies that affect them. A first paper in December 2010 dealt with the Fund's overall role in this area, both historically and prospectively. The second paper in March 2011 developed a...
Persistent link: https://www.econbiz.de/10014410542
vorgenommenen gesetzgeberischen und sonstigen Maßnahmen, die zur Mitgliedschaft im IMF berechtigen sowie den Armenien zustehenden …
Persistent link: https://www.econbiz.de/10000325027
Armenia. Fiscal policy has been prudent, but increasing expenditure pressures are creating medium-term fiscal risks. Tax …
Persistent link: https://www.econbiz.de/10014405830
This paper assesses Armenia’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility … (PRGF). Under the previous PRGF-supported program, Armenia accomplished macroeconomic stability, rapid growth, and a … implementation gaps as identified in the ex post assessment of Armenia’s long-term IMF engagement. The 2005 reform agenda is …
Persistent link: https://www.econbiz.de/10014406071
This paper evaluates Armenia’s Poverty Reduction Strategy Paper (PRSP) Progress Report covering August 2003–December …
Persistent link: https://www.econbiz.de/10014406072
This paper reviews the current monetary and exchange rate policy frameworks in Armenia and Georgia, and the challenges …
Persistent link: https://www.econbiz.de/10014400335
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014406359
Economic activity appears to be recovering, underpinned by a strong policy response. Fiscal consolidation will be crucial to maintain debt sustainability and support the envisaged external adjustment over the medium term. Sound monetary and exchange rate policies are essential to maintain...
Persistent link: https://www.econbiz.de/10014403107
Armenia’s third review under the Stand-By Arrangement and its request for Waiver of Nonobservance of Performance …
Persistent link: https://www.econbiz.de/10014403138
This Selected Issues paper for the Republic of Armenia shows that building up fiscal space during economic expansions … is crucial for the effective implementation of stimulatory policies during downturns. Armenia’s tax revenue remains one …
Persistent link: https://www.econbiz.de/10014403389