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IMF EXECUTIVE BOARD APPROVES US$13.6 MILLION POVERTY REDUCTION AND GROWTH FACILITY ARRANGEMENT ARMENIA
armradio.am
18.11.2008 15:25
On November 17, the Executive Board of the International Monetary Fund
(IMF) approved a three year, SDR 9.2 million (about US$13.6 million)
arrangement under the Poverty Reduction and Growth Facility (PRGF)
for the Republic of Armenia to support the government's economic
program through 2011.
The decision will enable the Republic of Armenia to draw an amount
equivalent to SDR 1.31 million (about US$1.9 million) from the IMF
immediately.
armradio.am
18.11.2008 15:25
On November 17, the Executive Board of the International Monetary Fund
(IMF) approved a three year, SDR 9.2 million (about US$13.6 million)
arrangement under the Poverty Reduction and Growth Facility (PRGF)
for the Republic of Armenia to support the government's economic
program through 2011.
The decision will enable the Republic of Armenia to draw an amount
equivalent to SDR 1.31 million (about US$1.9 million) from the IMF
immediately.