April 2, 2003 - 19:53 AMT
IMF COUNCIL SITTING TO DISCUSS RECURRENT CREDIT TRANCHE TO ARMENIA TODAY
The executive council of the International Monetary Fund (IMF) will consider the summary of the implementation of the third stage of the poverty reduction and growth facility credit program in Armenia. As the IMF Yerevan office told "Arka" agency, after approving the summary the fund will provide the recurrent tranche of some $13 million to the Central Bank of Armenia. The program to be completed in May 2004 totals some $91 million.