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IMF: Armenia’s economic growth projected at around 5½ percent in 2021

20.12.2021 15:07

IMF: Armenia’s economic growth projected at around 5½ percent in 2021

YEREVAN, December 20, /ARKA/. The Executive Board of the International Monetary Fund (IMF) concluded last Friday the 2021 Article IV consultation and completed the fourth and fifth reviews of Armenia’s performance under its economic program supported by the SBA. 

The IMF said the completion of these reviews will allow the authorities to draw SDR 51.43 million (about US$ 72 million), bringing total disbursements to SDR 283.09 million (about US$ 396 million). Armenia’s three-year SBA of SDR 308.8 million (about US$ 432 million), equivalent to 239.75 percent of Armenia’s quota in the IMF, was approved by the IMF’s Board on May 17, 2019 and augmented on May 18, 2020

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Armenia's central bank revises upward its long-term economic growth outlook

06.11.2019 12:21

Armenia's central bank  revises upward its  long-term  economic growth outlook

Armenia’s Central Bank has revised upward its long-term (over three years) economic growth outlook, Vahagn Grigoryan, head of the monetary policy department of the Central Bank, told reporters on Tuesday

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Armenia's central bank revises upward its forecast of economic growth for 2019

26.09.2019 13:49

Armenia's central bank revises upward its forecast of economic growth for 2019

Armenia’s Central Bank has revised upward its forecast of economic growth for 2019. It said economic activity is high in the third quarter of 2019 and that this trend will also continue in the short term, as a result of which the projected GDP growth for 2019 has been revised upwards to 6.9%

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Central bank forecasts 4.6 to 6.1 percent economic growth in Armenia in 2019

04.06.2019 11:50

Central bank forecasts 4.6 to 6.1 percent economic growth in Armenia in 2019

The Central Bank of Armenia forecasts a 4.6 to 6.1 percent economic growth in the country in 2019, Arthur Javadyan, the head of the regulator, said Monday at the discussion of its activity annual report in the National Assembly

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Moody’s expects Armenia’s robust economic growth to benefit banks

29.03.2019 18:40

Moody’s expects Armenia’s robust economic growth to benefit banks

In the Banking System Outlook for Armenia, Moody’s Investors Service said its positive outlook for Armenian’s banking system is driven by robust economic growth which leads to asset quality improvements

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Ex-head of central bank describes economic figures as positive

24.12.2018 13:43

Ex-head of central bank describes economic figures as positive

Armenia’s economic growth of about 6% this year is within the expected band and is quite positive, the ex-head of the Central Bank Bagrat Asatryan told reporters today

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Armenian central bank revises downward economic growth forecast for 2018

28.11.2018 18:53

Armenian central bank revises downward economic growth forecast for 2018

Armenia’s Central Bank has revised downward its forecast of economic growth for 2018 to 4.6%-5.1% from its previous projection of 5.6%-6.9%

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EDB predicts rather high level growth for Armenia this year

12.11.2018 18:26

EDB predicts rather high level growth for Armenia this year

Armenia’s economic growth will continue to slow down, but will remain at a rather high level of 5.9% at the end of the year, according to the latest macroeconomic review, prepared by the Eurasian Development Bank (EDB)

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ADB: 4% economic growth expected in Armenia in 2018

12.04.2018 17:31

ADB: 4% economic growth expected in Armenia in 2018

The Asian Development Bank forecasts a moderate four-percent economic growth in 2018 to Armenia.
In its Asian Development Outlook 2018 “How Technology Affects Jobs”, the ADB says that GDP growth will stand at 4.2%

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Eurasian Development Bank says economic growth in member countries to speed up to 2.2% in 2018

21.02.2018 15:17

Eurasian Development Bank says economic growth in member countries to speed up to 2.2% in 2018

In 2017, the economies of the Eurasian Development Bank member countries adapted themselves to adverse outside impacts and took the road of a steady economic growth, the Eurasian Development Bank analysts say in the latest issue of their quarterly review

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