ARMENIA TO RECEIVE $ 17MLN FROM IMF UNDER EFF PROGRAM
YEREVAN, January 12. /ARKA/. The executive board of the International
Monetary Fund (IMF) has completed the inspection of the three-year
EFF program that envisages provision of 11.74 SDR in second tranche
(about 17mln dollars) to bring the total loan up to 23.48 million SDR
(about 34 mln dollars).
On March 7, 2014, the board confirmed 23.48 million SDR in two
tranches by the end of the year. The first tranche worth $17 million
was provided to Armenia in March 2014, and all indicator targets were
fulfilled in the first half of the year.
The second EFF tranche was scheduled for December 2014. -0–
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