IMF Executive Directors mission to visit Caucasus and Central AsiaOctober 8, 2009 - 17:51 AMT PanARMENIAN.Net - A mission of Executive Directors of the International Monetary Fund (IMF) comprising Ms. Meg Lundsager, Messrs. Age Bakker, Ambroise Fayolle, HE Jianxiong, Thomas Moser, Klaus D. Stein, and Jens Henriksson will visit Georgia, Armenia, Uzbekistan, and Turkmenistan between October 9 and October 15, reported the press center of IMF Yerevan office.The Executive Directors will meet with the authorities of the four countries, as well as with a wide range of stakeholders, including representatives of civil society, the private sector, and development partners. In Armenia, they will meet with President Serzh Sargsyan, Prime Minister Tigran Sargsyan, Chairman of the Central Bank Arthur Javadyan. The Executive Directors will focus on how best the international community, including the Fund, can assist these countries in their response to the global economic crisis. They will also underline the IMF's commitment to supporting these countries. The discussions during the mission will enhance understanding at the IMF Executive Board of the challenges facing these countries and the IMF's policy advice. The Executive Board of the IMF is composed of 24 Directors, who are appointed or elected by member countries or by groups of countries, and it is responsible for conducting the day-to-day business of the institution. The mission will visit Tbilisi, Georgia, on October 8, Yerevan, Armenia, on October 11, Tashkent, Uzbekistan, on October 13, and Ashgabat, Turkmenistan, on October 15. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |