A leading international lending institution positively assesses the “anti-crisis” action of the Armenian government, but points out that different wrong steps and approaches had made possible a drastic decline of the economy in 2009.

Talking to media on Thursday International Monetary Fund (IMF) resident representative in Yerevan Nienke Oomes presented the fund’s forecasts for the region for 2010 and said that they expect Armenia to end 2009 with a 15.5 percent economic decline.