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IMF executive board approves US$248.2 million stand-by arrangement for Armenia

20.05.2019 18:14

IMF executive board approves US$248.2 million stand-by arrangement for Armenia

YEREVAN, May 20. /ARKA/. The IMF approved a 36-month Stand-By Arrangement (SBA) for Armenia amounting to about US$248.2 million, Armenian Central bank reported. The Armenian authorities have indicated that they will treat the arrangement as precautionary, and do not intend to draw on the new SBA unless shocks generate balance of payments needs, IMF said in a press release.

It said the SBA will support the authorities’ efforts to strengthen the economic fundamentals and policy frameworks. It will also help effective implementation of structural reforms, particularly relating to governance and improving business climate.

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IMF expects economic growth in Armenia to moderate to about 4½ percent in 2019

28.03.2019 18:37

IMF expects economic growth in Armenia to moderate to about 4½ percent in 2019

In an exclusive interview with ARKA news agency the Resident Representative of the International Monetary Fund (IMF) in Armenia Yulia Ustyugova said economic growth is expected to moderate to about 4½ percent in 2019

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IMF considering room for implementation of preventive financing program in Armenia

27.02.2019 18:09

IMF considering room for implementation of preventive financing program in Armenia

The International Monetary Fund has discussed with the Armenian government a preventive financing program

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IMF ready to discuss ways of supporting reforms in Armenia

26.02.2019 19:07

IMF ready to discuss ways of supporting reforms in Armenia

Armenian Prime Minister Nikol Pashinyan received Monday Richard Doornbosch, Executive Director at International Monetary Fund

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IMF assesses positively Armenia’s financial system’s stability in 2018 and welcomes central bank’s reforms

04.12.2018 16:27

IMF assesses positively Armenia’s financial system’s stability in 2018 and welcomes central bank’s reforms

On November 30, 2018, the Executive Board of the International Monetary Fund (IMF) discussed the Financial System Stability Assessment (FSSA) of Armenia. Armenia’s financial system has expanded further since the 2012 Financial Sector Assessment Program (FSAP)

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WB and IMF experts to assess Armenian banking sector’s stability

24.05.2018 13:19

WB and IMF experts to assess Armenian banking sector’s stability

The World Bank and the International Monetary Fund experts are conducting an assessment of the Armenian banking system’s financial stability, Arthur Javadyan, the central bank chairman, said Wednesday in the National Assembly

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IMF welcomes Armenian government’s intention to implement a comprehensive package of reforms

29.03.2018 16:30

IMF welcomes Armenian government’s intention to implement a comprehensive package of reforms

An International Monetary Fund (IMF) staff team led by Mr. Hossein Samiei visited Yerevan on March 14–28 to conduct initial discussions on a possible new IMF arrangement with Armenia, the press office of the IMF Mission in Armenia reported on Thursday

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Armenian minister and IMF Armenia mission head discussed ‘new and unique’ program

21.03.2018 17:19

Armenian minister and IMF Armenia mission head discussed ‘new and unique’ program

Armenia Minister of Economic Development and Investments Suren Karayan met on Wednesday with an International Monetary Fund (IMF) team

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IMF estimates Armenia’s informal economy at 36% of GDP

07.02.2018 16:59

IMF estimates Armenia’s informal economy at 36% of GDP

A recent study by the International Monetary Fund (IMF) titled, ‘Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?’ estimates Armenia’s informal (shadow) economy at 36% of its overall GDP

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Armenian central bank head off to Washington for IMF and WB meeting

12.10.2017 17:33

Armenian central bank head off to Washington for IMF and WB meeting

The chairman of the Central Bank of Armenia Artur Javadyan has left for Washington, USA, to participate in the annual meeting of the Directors of the International Monetary Fund and the World Bank, the press service of the Armenian Central Bank reported

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