Republic of Armenia: Second Review Under the Extended Arrangement and Request for Waivers of Nonobservance and Rephasing; Press Release; Staff Report; Supplement; and Statement by the Executive Director for the Republic of Armenia

Republic of Armenia: Second Review Under the Extended Arrangement and Request for Waivers of Nonobservance and Rephasing; Press Release; Staff Report; Supplement; and Statement by the Executive Director for the Republic of Armenia

4.11 - 1251 ratings - Source



Since late 2014, Armeniaa€™s economic performance has been affected by significantly weaker external conditions, as the slowdown of the Russian economy, the weakening of the ruble, lower metals prices, and the strengthening of the dollar have led to pressures on external receipts, particularly remittances. Domestic conditions have also weakened, including banking sector credit. These factors have translated into pressures on the foreign exchange (FX) market and depreciation of the dram and a wider fiscal deficit, but also a significant adjustment of the external current account deficit. The more complex economic environment, together with deviations from program policies, has also contributed to delays in concluding the Second Review.... and introduce the possibility of postponing the payment by introducing a systems for financial guarantees March 2014 ... Package of legal changes (civil code, criminal Tax administration Tax policy Public Financial Management Financialanbsp;...


Title:Republic of Armenia: Second Review Under the Extended Arrangement and Request for Waivers of Nonobservance and Rephasing; Press Release; Staff Report; Supplement; and Statement by the Executive Director for the Republic of Armenia
Author:
Publisher:International Monetary Fund - 2015-11-19
ISBN-13:

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.

How it works:
  • 1. Register a free 1 month Trial Account.
  • 2. Download as many books as you like (Personal use)
  • 3. Cancel the membership at any time if not satisfied.


Click button below to register and download Ebook
Privacy Policy | Contact | DMCA