Armenian Prime Minister Tigran Sargsyan met with director of IMF Middle East and Central Asia Department Masood Ahmed to discuss the current economic situation in the republic and ways to overcome the consequences of the global financial crisis.

At the guest's request, PM briefed on Armenia's economic development. He also said that Armenia and the World Bank have reached an agreement on formation of a working group on development of macroeconomic forecasts.

For his part, Mr. Ahmed appreciated the measures Armenia undertook to secure financial stability and floating currency rate. He also said that in the near future the IMF will discuss the possibility of rendering extra financial assistance to Armenia.