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IMF approves last $84-mln tranche under EFF/ECF

02.07.2013 15:54

IMF approves last $84-mln tranche under EFF/ECF

YEREVAN, July 2./ARKA/. The Executive Board of the International Monetary Fund (IMF) today completed the sixth and final review of Armenia’s economic performance under a program supported by Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements, the organization reported on its website.

The completion of the review allows the authorities to draw an additional SDR 55 million (about US$84 million), bringing total disbursements under the arrangements to the full SDR 266.8 million (US$407.2 million) available.

EFF and ECF arrangements with Armenia were approved by the IMF’s Executive Board on June 28, 2010.

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World Bank Group president calls for a world free of poverty

03.04.2013 18:18

World Bank Group president calls for a world free of poverty

Calling for ambitious new goals to help the most vulnerable, World Bank Group President Jim Yong Kim outlined a bold agenda for the global community

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EDB’s investment portfolio in Armenia hits $94 mln

11.12.2012 15:36

EDB’s investment portfolio in Armenia hits $94 mln

The investment portfolio of the Eurasian Development Bank (EBD) in Armenia has totaled $94 million since 2009

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