01676cas a2200241 a 4500 AALejournalIMF003014 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451801477 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Armenia : Fifth Review Under the Poverty Reduction and Growth Facility and Request for Extension of the Arrangement. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (71 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines Armenia's Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) and Request for Extension of the Arrangement. Performance under the PRGF-supported program since mid-2003 has been satisfactory: the authorities met all quantitative targets and implemented most of the envisaged structural measures. Tax revenue collection was somewhat disappointing in 2003, although it has improved in early 2004. Future growth in Armenia will increasingly depend on the ability of the banking system to mobilize and allocate domestic savings. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/136 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/136/002.2004.issue-136-en.xml IMF e-Library