Republic of Armenia: Recent Economic Developments and Selected Issues

International Monetary Fund

No 2001/078, IMF Staff Country Reports from International Monetary Fund

Abstract: This report provides an overview of the recent economic developments in Armenia by analyzing its output growth, prices, wages, employment, public finances and social safety net, monetary and exchange rate developments, balance of payments, external debt developments, and exchange and trade system. The study evaluates the tax system reforms; outlines the present structure of the energy and other major quasi-fiscal sectors, and reviews the causes of the financial imbalances. The appendix provides a characterization of the publicly-owned utility providers that contribute to the financial problems of the energy sector.

Keywords: ISCR; CR; government; company; cash flow; Armenian authorities; bridge financing; debt service; exchange rate; banking system; Energy sector; Electricity; Arrears; Monetary base (search for similar items in EconPapers)
Pages: 104
Date: 2001-05-29
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