Armenia, IMF  discuss draft sixth revision of  Memorandum of Economic  and Financial Policies 

ArmInfo.On September 17, RA Finance Minister Vahe Hovhannisyan received a  delegation led by Alexander  Timan, head of the International  Monetary Fund's Armenian Mission.

As reported by the RA Ministry of Finance's press service, the  parties discussed the directions for the fifth revision of the  Memorandum of Economic and Financial Policies between the Republic of  Armenia and the International Monetary Fund, as well as the draft  sixth revision and the implementation of the IMF- supported reserve  program. Vahe Hovhannisyan presented the reforms being implemented in  public finance management in  Armenia, aimed at clarifying budgetary  processes, increasing investment efficiency, the main directions of  tax policy, and reducing financial risks. At the end of the meeting,  the parties emphasized the importance of maintaining continuous and  effective dialogue as a prerequisite for strengthening stable and  constructive cooperation.