BILATERAL MEETINGS OF REPRESENTATIVES OF IMF DUTCH GROUP MEMBER STATES TO TAKE PLACE IN YEREVAN ON JUNE 18
Noyan Tapan
Jun 14 2006
YEREVAN, JUNE 14, NOYAN TAPAN. Parliamentary hearings on cooperation
between Armenia and the International Monetary Fund (IMF) will
be held in the RA National Assembly on June 16. During the event,
representatives of the IMF, the RA Ministry of Finance and Economy and
the Central Bank of Armenia (CBA) will make speeches. Olga Stankova,
of the IMF Foreign Relations Department, stated this during a seminar
"The Role of IMF in Transitional Economies" on June 14.
According to her, IMF’s delegation will meet with the RA President,
government members and the Armenian Governor to IMF on June 17. On
June 18, bilateral meetings of representatives of the IMF Dutch Group
members states (Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus,
Armenia, Israel, the Netherlands, Macedonia, Moldova, Romania,
Ukraine) will take place to discuss issues related to mutual trade,
tax regimes and obligations towards each other.
To recap, Armenia joined the IMF in May 1992, the country’s quota
in the IMF currently makes 92 mln SDR (about 135 mln USD) or 0.04%
of the overall quota. Armenia’s right of vote is 1.17 votes or 0.05%
of the total number of votes. The total amount of IMF’s credits and
loans to Armenia makes 123 mln 320 thousand SDR.