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