Republic of Armenia Third Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion

This paper evaluates the Republic of Armenia’s Third Review Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver of Performance Criterion. The PRGF-supported program remains on track. All but one of the December 2002 quantitative performance criteria were met, and all stru...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2003
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Republic of Armenia  |b Third Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2003 
300 |a 65 pages 
651 4 |a Armenia, Republic of 
653 |a Depository Institutions 
653 |a Provision and Effects of Welfare Program 
653 |a Revenue administration 
653 |a Banks 
653 |a Industries: Energy 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Energy industries 
653 |a Micro Finance Institutions 
653 |a Exports and Imports 
653 |a Energy sector 
653 |a Mortgages 
653 |a Arrears 
653 |a Social welfare & social services 
653 |a International Lending and Debt Problems 
653 |a International economics 
653 |a Economic sectors 
653 |a External debt 
653 |a Debts, External 
653 |a Social Services and Welfare 
653 |a National Government Expenditures and Related Policies: General 
653 |a Expenditure 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Banks and Banking 
653 |a Expenditures, Public 
653 |a Energy and the Macroeconomy 
653 |a Poverty 
653 |a Banking 
653 |a Public Finance 
653 |a Government Policy 
653 |a Revenue 
653 |a Petroleum, oil & gas industries 
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520 |a This paper evaluates the Republic of Armenia’s Third Review Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver of Performance Criterion. The PRGF-supported program remains on track. All but one of the December 2002 quantitative performance criteria were met, and all structural measures envisaged for implementation up until February 2003 have been carried out or implemented as a prior action for the third review. The targets on tax revenue, stock of domestic arrears, fiscal deficit, and net international reserves were met with comfortable margins