Republic of Armenia: 2014 article IV consultation and first review under the extended arrangement : staff report, staff supplement, and press release

This 2014 Article IV Consultation highlights that after a steady recovery during 2010-12 from the deep 2009 recession, Armenia's growth softened in 2013 and has remained subdued in 2014. The softening of economic activity has been broad based, as growth of exports and remittances slowed, and go...

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Bibliographic Details
Format: Electronic eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015
Series:IMF country report no. 15/65
Subjects:
Online Access:BSB01
FAN01
FHA01
FKE01
FLA01
FLA01
FNU01
LCO01
SBG01
SBR01
TUM01
UBA01
UBG01
UBM01
UBR01
UBT01
UBW01
UBY01
UEI01
UER01
UPA01
URL des Erstveröffentlichers
Summary:This 2014 Article IV Consultation highlights that after a steady recovery during 2010-12 from the deep 2009 recession, Armenia's growth softened in 2013 and has remained subdued in 2014. The softening of economic activity has been broad based, as growth of exports and remittances slowed, and government spending was lower than budgeted. Construction, which had declined since the 2009 crisis, was relatively flat. Growth is projected at 2.6 percent in 2014 and is expected to increase only gradually in 2015 and over the medium term in light of expectations of slow growth in key trading partners. The authorities' policies remain geared toward maintaining macroeconomic stability and fostering sustainable and inclusive growth
Physical Description:1 Online-Ressource (110 Seiten) Illustrationen
ISBN:1498355013
9781498355018
ISSN:2227-8907

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