Moscow wants to see international reaction at Russian Embassy shelling in DamascusRussian Politics & Diplomacy October 29, 1:43
SCO stands for coordination of efforts in fight against terrorist threatWorld October 29, 0:42
Economic growth to recover in Russia by 2016 year-end — ministryBusiness & Economy October 28, 21:59
Russia does not plan to ratify Paris Agreement on climate earlier than 2020 — ministerRussian Politics & Diplomacy October 28, 21:48
Russian Foreign Ministry: Pictures of attacked school in Idlib are 'computer graphics'World October 28, 21:21
Kissinger becomes Russian Academy of Sciences memberWorld October 28, 21:12
Kremlin gives no comment on reports that Russian, US jets flew dangerously close in SyriaRussian Politics & Diplomacy October 28, 20:13
Two of four Soyuz crews to fly to ISS in 2017 will be smaller than usualScience & Space October 28, 20:05
Foreign Ministry: Two mortar shells fired on Russian embassy in SyriaRussian Politics & Diplomacy October 28, 19:52
WASHINGTON, December 11 (Itar-Tass) – Board of Governors of the International Monetary Fund on Monday endorsed the allocation of a regular tranche of $51.43 million to Armenia, the press service of the IMF said.
The report said the decision to issue the loan was taken upon the results of a new – fifth in succession – scrutiny of the Armenian authorities’ compliance with the IMF’s three-year fund facility program launched June 28, 2010.
All in all, Armenia will get access to $ 408.7 million within its framework. With account of the current tranche, it has already received $ 324.4 million of that amount.
In addition, the Board of Governors held the traditional annual bilateral consultations with Armenia under the provision of Article 4 of the IMF’s Charter.
Deputy Managing Director Nemat Shafik said in a comment on the discussion that Armenia continues re-emerging from a deep slide, which it lived through in 2008 and 2009 in the context of a global financial slump.
The growth of Armenia’s economy picked pace in 2012 and experts believe that the country will display its potential in full in 2013, she said.