Serzh Sargsyan highly assessed IMF's role in Armenia's economic developmentOctober 12, 2009 - 18:56 AMT PanARMENIAN.Net - President Serzh Sargsyan and the board of International Monetary Fund's (IMF) Executive Directors, have made assessments on Armenia-IMF cooperation, RA President's press service reports. Fund representatives stressed that Armenia had perfectly complied with its commitments.During the meeting, parties exchanged views on problems caused by global financial-economic crisis. Sargsyan said that all possible measures were being taken for making effective use of existing potentials and financial resources. Parties also discussed possibilities of diversifying economy, implementing constructive reforms and enhancing business environment. IMF representatives reiterated the fund's willingness to further assist Armenia in overcoming challenges. Upon his guests' request, Sargsyan also touched upon recent developments in Armenian-Turkish relations. IMF representatives noted in response that fund was always for border opening. 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 | About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |