IMF, Armenia may discuss extra financial assistanceApril 11, 2009 - 12:47 AMT PanARMENIAN.Net - 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |