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  • Archive for September 8th, 2023

    Insurance premiums in Armenia in Q2, 2023 amounted to AMD 17.7 bln.

    Friday, September 8th, 2023

    Insurance premiums in Armenia amounted to over 17.7 bln drams in Q2, 2023, according to the National Statistical Committee

    IMF:  Central Bank of Armenia pro-active policy contributed to  good functioning of  inflation targeting system

    Friday, September 8th, 2023

    The inflation-targeting framework is working well and has benefited from CBA’s proactive policy actions and efforts to improve communication and develop capital markets, Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency

    IMF to Conduct Second Review of Stand-by Arrangement Program on Armenia in Autumn

    Friday, September 8th, 2023

    The IMF Executive Board approved a 36-month precautionary SBA on December 12, 2022, which supports the authorities’ efforts to preserve macroeconomic, financial, and fiscal stability and to advance their homegrown economic program, ‘ Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency

    IMF expects Armenian government debt to remain below 50 percent of GDP in medium term

    Friday, September 8th, 2023

    While we expect central government debt to remain below 50 percent of GDP in the medium term, the outcome would depend upon the implementation of a gradual fiscal consolidation supported by prioritization of spending and revenue mobilization measures,’ Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency

    IMF sees risks of both strengthening and weakening of the Armenian dram

    Friday, September 8th, 2023

    We  see risks on both sides,’ Jihad Azour’, Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency in response to a question about possible scenarios for the behavior of the Armenian currency

    IMF expects Armenian Central Bank’s monetary policy to  help stabilize inflation around 4 percent

    Friday, September 8th, 2023

    ‘We expect that CBA’s monetary policy will help stabilize inflation around 4 percent in the period ahead. Jihad Azour’, Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency