Macroeconomic policy issues discussed in Armenia

ArmInfo.  On April 8, RA Deputy Prime Minister Tigran Khachatryan received Iva Petrova, the head of the International Monetary Fund (IMF) mission in Armenia, who is  completing her term in the country. Alexander Tieman, who will soon  replace Iva Petrova, was also present at the meeting.

As reported by the government press service, Tigran Khachatryan  highly appreciated the constructive and effective cooperation with  the IMF in recent years to ensure fiscal stability and thanked Iva  Petrova for her efforts in this regard. He expressed confidence that  the cooperation will  continue under Tieman's leadership as well.   The meeting also involved discussions on macroeconomic policy and  recent economic events. The parties detailed the work carried out to  achieve the objectives set under the 5th IMF Stand-By Agreement,  including ongoing reforms in the financial sector, improvement in the  investment climate, and other significant areas to support economic  activity.