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panarmenian: IMF PREPARING NEW PROJECT ON ARMENIA

At the recent summit in Washington the Council of the International Monetary Fund (IMF) highlighted the process of economic reforms carried out in Armenia, IMF permanent representative in Armenia James McHugh stated today at the meeting with Armenian President Robert Kocharian. McHugh noted that a new IMF project on Armenia is being discussed at present. The partied found it necessary to pay greater attention to the regions and regional problems while working out the future programs.

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