Serzh Sargsyan highly assessed IMF's role in Armenia's economic development

PanARMENIAN.Net - President Serzh Sargsyan and the board of International Monetary Fund's (IMF) Executive Directors, have made assessments on Armenia-IMF cooperation, RA President's press service reports. Fund representatives stressed that Armenia had perfectly complied with its commitments.



During the meeting, parties exchanged views on problems caused by global financial-economic crisis. Sargsyan said that all possible measures were being taken for making effective use of existing potentials and financial resources.



Parties also discussed possibilities of diversifying economy, implementing constructive reforms and enhancing business environment. IMF representatives reiterated the fund's willingness to further assist Armenia in overcoming challenges.



Upon his guests' request, Sargsyan also touched upon recent developments in Armenian-Turkish relations. IMF representatives noted in response that fund was always for border opening.