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Deputy Managing Director Of Imf: Sound Monetary Policy Is Conducted

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  • Deputy Managing Director Of Imf: Sound Monetary Policy Is Conducted

    DEPUTY MANAGING DIRECTOR OF IMF: SOUND MONETARY POLICY IS CONDUCTED IN ARMENIA

    Noyan Tapan
    http://www.nt.am?shownews=1009962
    Nov 21, 2008

    YEREVAN, NOVEMBER 21, NOYAN TAPAN. A delegation headed by the
    Deputy Managing Director of the International Monetary Fund Murilo
    Portugal is in Yerevan with the aim of participating in the jubilee
    events dedicated to the 15th anniversary of the Armenian national
    currency. The delegation was received by the Armenian Prime Minister
    Tigran Sargsyan on November 21.

    At the beginning of the meeting, M. Portugal stated that the jubilee
    of the Armenian national currency bears evidence of the sound monetary
    policy that Armenia has conducted so far.

    As NT was informed by the RA Government Information and PR Department,
    the possible developments related to the global financial and economic
    crisis amd the measures to reduce their impact on Armenia were
    discussed at the meeting. The prime minister presented the government
    approaches and policy which are based on the use of the instruments
    for maintaining the macroeconomic indices and the financial sector's
    stability and encouraging economic growth.
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