01904cas a2200241 a 4500 AALejournalIMF005924 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451801750 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Armenia : First Review Under the Stand-By Arrangement, Request for Augmentation, Rephasing of Purchases, Waiver of the Nonobservance of Performance Criteria, and Modification of Performance Criteria; Staff Report, Press Release on the Executive Board Discussion, and Statement by the Executive Director for the Republic of Armenia. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (86 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 discusses key findings of the First Review under the Stand-By Arrangement for the Republic of Armenia. In light of the large increase in Armenia's financing needs, the authorities have requested an augmentation of IMF resources in the amount of 180 percent of quota. The revised program maintains the original objectives of responding to the external outlook, strengthening confidence in the domestic currency and the banking sector, and protecting the poor, but would also allow an easing of monetary and fiscal policies to mitigate the severity of the crisis. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/214 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/214/002.2009.issue-214-en.xml IMF e-Library