(C) KUDOS FOR EXCELLENT YEREVAN ECONOMIC

C O N F I D E N T I A L STATE 041396 SIPDIS E.O. 12958: DECL: 04/24/2034 TAGS: PINR ECON AM SUBJECT: (C) KUDOS FOR EXCELLENT YEREVAN ECONOMIC REPORTING (C-TN9-00441) REF: A. YEREVAN 000983 ¶B. YEREVAN 000002 Classified By: SUZANNE MCCORMICK, DIR., INR/OPS. REASON: 1.4(C). ¶1. (C) WASHINGTON ANALYSTS GREATLY APPRECIATE POST'S REPORTING ON THE EFFECTS OF THE GLOBAL ECONOMIC CRISIS ON ARMENIA. INFORMATION ON DECLINING REMITTANCES, AND THE VIEWS AND REACTIONS OF THE GOVERNMENT TO A DECLINE IN THIS IMPORTANT SOURCE OF FOREIGN CURRENCY INCOME WAS PARTICULARLY INSIGHTFUL. REFTEL PROVIDED INFORMATION THAT WAS TIMELY AND EXTREMELY DETAILED. WASHINGTON ANALYSTS WOULD GREATLY APPRECIATE ANY ADDITIONAL INSIGHT OR INFORMATION POST HAS ON THE TOPIC, AS TIME AND RESOURCES PERMIT. MANY THANKS, AND REGARDS FROM WASHINGTON. CLINTON