TY - BOOK ID - 84547536 TI - Republic of Armenia : Fifth Review Under the Poverty Reduction and Growth Facility and Request for Extension of the Arrangement. PY - 2004 SN - 1462326307 1452709173 1280975539 1452754969 9786613747143 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Fiscal policy KW - Monetary policy KW - Finance KW - Funding KW - Funds KW - Economics KW - Currency question KW - Monetary management KW - Economic policy KW - Currency boards KW - Money supply KW - Tax policy KW - Taxation KW - Finance, Public KW - Government policy KW - Armenia (Republic) KW - Economic conditions KW - Banks and Banking KW - Exports and Imports KW - Public Finance KW - Industries: Energy KW - Social Services and Welfare KW - Budgeting KW - Government Policy KW - Provision and Effects of Welfare Program KW - International Lending and Debt Problems KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Taxation, Subsidies, and Revenue: General KW - Energy and the Macroeconomy KW - National Government Expenditures and Related Policies: General KW - International economics KW - Social welfare & social services KW - Public finance & taxation KW - Banking KW - Petroleum, oil & gas industries KW - Budgeting & financial management KW - External debt KW - Poverty reduction strategy KW - Revenue administration KW - Energy sector KW - Expenditure KW - Economic sectors KW - Poverty KW - Debts, External KW - Banks and banking KW - Revenue KW - Energy industries KW - Expenditures, Public KW - Armenia, Republic of UR - https://www.unicat.be/uniCat?func=search&query=sysid:84547536 AB - This paper examines Armenia’s Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) and Request for Extension of the Arrangement. Performance under the PRGF-supported program since mid-2003 has been satisfactory: the authorities met all quantitative targets and implemented most of the envisaged structural measures. Tax revenue collection was somewhat disappointing in 2003, although it has improved in early 2004. Future growth in Armenia will increasingly depend on the ability of the banking system to mobilize and allocate domestic savings. ER -