Republic of Armenia [electronic resource] : 2006 Article IV Consultation and Third Review Under the Poverty Reduction and Growth Facility: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Authorities of the Republic of Armenia.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2006.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 06/433.
IMF Staff Country Reports; Country Report No. 06/433
Government document
1 online resource (83 p.)
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Armenia. (search)
Armenia’s economy continues to perform strongly. Prudent fiscal and monetary policies and ongoing structural reforms have contributed to double-digit growth in a low-inflation environment, a continued reduction in poverty, and a notable improvement in tax performance. The Poverty Reduction and Growth Facility (PRGF)-supported program is on track. Policy discussions centered around the appropriate monetary, exchange rate, and fiscal policy mix to maintain macroeconomic stability in the context of sizable foreign exchange inflows and on measures needed over the medium term to sustain and broaden economic growth.
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