01777cas a2200241 a 4500 AALejournalIMF014311 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475535778 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Republic of Armenia : Request for Arrangement Under the Extended Fund Facility. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (107 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 Armenia's Request for Arrangement Under the Extended Fund Facility (EFF). Performance under the 2010-2013 program, which was supported by arrangements under the EFF and Extended Credit Facility (ECF), was sound, with growth restored, large fiscal and external imbalances reduced, and buffers rebuilt. However, challenges remain, particularly in further reducing vulnerabilities and strengthening medium-term growth dynamics. Fiscal policy will support the growth recovery in 2014 by providing a modest stimulus, before moving to a gradual consolidation stance in 2015-2017. The IMF Staff supports the authorities' request for an IMF-supported program. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/089 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/089/002.2014.issue-089-en.xml IMF e-Library