Baku 30° C
IMF allocates $165M for Armenia
Region
- 03 November, 2022
- 08:47
The Armenian authorities and International Monetary Fund (IMF) staff reached a staff-level agreement on a 3-year precautionary Stand-By Arrangement (SBA) for $165.6 million, Report informs, citing IMF.
The agreement is subject to approval by the IMF Executive Board and is expected to be considered in December 2022.
At the request of the Armenian authorities, a staff team from the International Monetary Fund, led by Ms. Iva Petrova, visited Yerevan from September 26 to October 6 to discuss a three-year economic program supported by an IMF precautionary Stand-By Arrangement.
Author
Latest News
21:45
Ilham Aliyev: We are witnessing tangible dividends of peace in economic, trade and other spheres
Foreign policy21:37
Ilham Aliyev: TRIPP holds tremendous potential for ensuring security in South Caucasus
Foreign policy21:29
President: Azerbaijan–US ties have now reached their highest point in 34-year history of diplomatic relations
Foreign policy21:25
Ilham Aliyev: Azerbaijani society embracing peaceful environment that has emerged in the region
Foreign policy20:11
Work on transport infrastructure in Azerbaijan nearing completion as part of TRIPP
Foreign policy20:06
Donald Trump highly appreciates President Ilham Aliyev's role in peace process
Foreign policy19:58
Ilham Aliyev and Donald Trump hold telephone conversation
Foreign policy19:56
Witkoff: South Caucasus is safer, more prosperous and more stable
Region19:40