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Republic of Armenia :, Request for Stand-By Arrangement-Staff Report; Staff Supplements and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Armenia

This paper discusses Armenia’s request for a Stand-By Arrangement (SBA) with exceptional access of 400 percent of quota. Given the urgency of the situation, the request is being considered under the Emergency Financing Mechanism. The new program aims to achieve the necessary external adjustment, restore confidence in the domestic currency and the banking sector, and protect the poor. The authorities have also committed to a set of policies in the exchange rate, monetary and financial, and fiscal areas as well as on maintaining its ongoing structural reform program
Table Of Contents
Contents; I. Background; II. The Impact of the Global Crisis; Figures; Boxes; III. The Authorities' Program; IV. Program Modalities; V. Staff Appraisal; Tables; Attachments; I. Letter of Intent; II. Memorandum of Economic and Financial Policies; III. Technical Memorandum of Understanding; Contents; I. Relations with the Fund; II. Relations with the World Bank; III. Relations with the EBRD; IV. Statistical Issues
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (108 p.)
Specific Material Designation
Form Of Item

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