Serzh Sargsyan Hopes That IMF Will Continue Assisting Armenia

SERZH SARGSYAN HOPES THAT IMF WILL CONTINUE ASSISTING ARMENIA

Noyan Tapan
Oct 12, 2009

YEREVAN, OCTOBER 12, NOYAN TAPAN. RA President Serzh Sargsyan met
with International Monetary Fund (IMF) Executive Directors on October
11. During the meeting the sides estimated cooperation between the
RA government and IMF as excellent. The IMF officials emphasized that
Armenia performed its duties excellently.

Attaching importance to IMF’s financial and advisory assistance to
Armenia S. Sargsyan said that since independence IMF has also had
much contribution to Armenia’s economic progress. He expressed the
hope that IMF will continue assisting Armenia, and Armenia is ready
to continue the reforms and to expand the cooperation.

The interlocutors exchanged thoughts over the problems caused by the
global financial-economic crisis. S. Sargsyan presented the current
economic condition, spoke about the impact of crisis and efforts
exerted to overcome crisis consequences. Mentioning that difficult
yet necessary decisions were made he said that they do their best
to use the current abilities and financial resources as efficiently
as possible.

The sides attached importance to permanent and consistent work done
in the direction of economic diversification, structural reforms,
improving business environment. The IMF officials assured that this
financial structure is ready to continue assisting Armenia as far as
possible in overcoming Armenia’s problems.

According to a report by the RA President’s Press Office, S. Sargsyan
also presented the last developments in the Armenian-Turkish
dialogue. The IMF Executive Directors said that IMF has always been
for open borders.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS