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

• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2015
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (103 pages) : illustrations, tables
• Disciplina: 330.947920853
• Soggetto topico: Economic development - Armenia (Republic); Banks and Banking; Exports and Imports; Foreign Exchange; Public Finance; Statistics; Industries: Financial Services; Taxation; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Taxation, Subsidies, and Revenue: General; Data Collection and Data Estimation Methodology; Computer Programs: Other; Trade: General; Public finance & taxation; Currency; Foreign exchange; Banking; Econometrics & economic statistics; International economics; Finance; Revenue administration; External sector statistics; Imports; Economic and financial statistics; International trade; Public debt; Banks and banking; Revenue; Economic statistics; Loans
• Soggetto geografico: Armenia (Republic) Economic policy; Armenia (Republic) Economic conditions; Armenia, Republic of
• Nota di contenuto: Cover -- CONTENTS -- CONTEXT AND RECENT DEVELOPMENTS -- OUTLOOK AND RISKS -- SECOND REVIEW UNDER THE EXTENDED ARRANGEMENT -- A. Program Performance -- B. Policy Discussions -- C. Other program issues -- STAFF APPRAISAL -- BOXES -- 1. Prior Actions and Structural Benchmarks -- 2. Electricity Tariff Increase -- TABLES -- 1. Selected Economic and Financial Indicators, 2010-17 -- 2. Balance of Payments, 2010-20 -- 3. Monetary Accounts, 2010-16 -- 4. Financial Soundness Indicators for the Banking Sector, 2010-15 -- 5. Central Government Operations, 2010-17, (In billions of dram) -- 6. Central Government Operations, 2010-17, (In percent of GDP) -- 7. Medium-Term Macroeconomic Framework, 2010-20 -- 8. Indicators of Capacity to Repay the Fund, 2011-20 -- 9. External Financing Requirements and Sources, 2014-17 -- 10. Fund Disbursements and Timing of Review Under a 38-Month Arrangement Under the Extended Fund Facility -- APPENDICES -- I. Letter of Intent -- Attachment I. Technical Memorandum of Understanding -- ANNEXES -- I. Public Debt Sustainability Analysis -- II. Exchange Rate Assessment, External Debt Sustainability, and Reserve Adequacy -- III. Risk Assessment Matrix -- CONTENTS -- FUND RELATIONS -- WORLD BANK AND IMF COLLABORATIONS-JMAP IMPLEMENTATION -- RELATIONS WITH THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT (EBRD) -- RELATIONS WITH THE ASIAN DEVELOPMENT BANK (ASDB) -- STATISTICAL ISSUES.
• Sommario/riassunto: This paper discusses Armenia’s Second Review Under the Extended Arrangement and Request for Waivers of Nonobservance and Rephasing. Since late 2014, Armenia’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. Performance under the program has come under strain. Three performance criteria (PCs) were missed both at end-December 2014 and end-June 2015. The authorities are requesting waivers of nonobservance for the missed June and continuous PCs. The IMF staff supports completion of the review.
• Titolo autorizzato: Republic of Armenia
• ISBN: 1-5135-4135-8; 1-5135-5156-6; 1-5135-9103-7
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910821703603321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Staff Country Reports; Country Report ; ; No. 2015/320