All news related to IMF

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

Views: 626

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on IMF: Armenia’s economic growth projected at around 5½ percent in 2021

Tags: , ,

Read more
About $72.5 million (SDR 51.429 million) would become available to Armenia after IMF Board meeting

18.11.2021 13:22

About $72.5 million (SDR 51.429 million) would become available to Armenia after IMF  Board meeting

An International Monetary Fund (IMF) team, led by Nathan Porter, conducted discussions during October 19-November 12, 2021 for the 2021 Article IV consultation, as well as the combined fourth and fifth reviews of Armenia’s economic program, which is supported by an IMF Stand-By Arrangement (SBA), the IMF Office in Armenia said

Views: 1014

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on About $72.5 million (SDR 51.429 million) would become available to Armenia after IMF Board meeting

Tags: ,

Read more
IMF: Armenia's Central Bank should stand ready to adjust its monetary policy stance

14.12.2020 19:27

IMF: Armenia's Central Bank should stand ready to adjust its monetary policy stance

“Armenia’s monetary policy has rightly been accommodative, supporting the economy and keeping the banking sector liquid. Inflation remains low, with the exchange rate relatively stable over much of this year,’ Tao Zhang, Deputy Managing Director and Acting Chair, said after the IMF Executive Board completed the third review of Armenia’s performance under the program supported by the Stand-By Arrangement (SBA)

Views: 438

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on IMF: Armenia's Central Bank should stand ready to adjust its monetary policy stance

Tags: , ,

Read more
IMF says SDR 25.714 million (around US$36.7 million) will become available for Armenian budget support after Board meeting

20.11.2020 19:17

IMF says SDR 25.714 million (around US$36.7 million) will become available for Armenian budget support after Board meeting

An IMF team reached staff level agreement with the Armenian authorities for the completion of the third review under the program supported by an IMF Stand-By arrangement, IMF said in a press release

Views: 385

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on IMF says SDR 25.714 million (around US$36.7 million) will become available for Armenian budget support after Board meeting

Tags: , , ,

Read more
Armenian parliament is considering ratification of $315 million loan agreement with IMF

24.06.2020 17:16

Armenian parliament is considering ratification of $315 million loan agreement with IMF

An emergency session of the Armenian parliament discussed today ratification of an agreement with the IMF regarding the use of the $280 million loan, allocated to Armenia in May 2019, and attraction of an additional loan in the amount of $35 million. The money is to help Armenia fight the coronavirus outbreak and mitigate its economic consequences

Views: 1801

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on Armenian parliament is considering ratification of $315 million loan agreement with IMF

Tags: , , ,

Read more
IMF to provide Armenia with $280 million loan

15.04.2020 19:38

IMF to provide Armenia with $280 million loan

The International Monetary Fund (IMF) said last week that around $280 million will be available in financial assistance for Armenia immediately after its Board meeting, Deputy Economy Minister Avag Avanesyan told a news conference today

Views: 1631

Categories: 121, 144, Banks @en, Economy @en, General news, News, News of the hour | Comments Off on IMF to provide Armenia with $280 million loan

Tags: , ,

Read more
IMF to consider initiative on increase IMF financial support for Armenia under stand-by agreement to $280 million

10.04.2020 13:58

IMF to consider initiative on increase IMF financial support for Armenia under stand-by agreement to $280 million

An International Monetary Fund (IMF) team led by Nathan Porter conducted discussions on the second review of Armenia’s reform program supported by the IMF Stand-By Arrangement (SBA) during March 12-April 8, 2020. At the conclusion of the mission, Mr. Porter issued the following statement:

Views: 1524

Categories: 121, Analytics, General news, News, News of the hour | Comments Off on IMF to consider initiative on increase IMF financial support for Armenia under stand-by agreement to $280 million

Tags: , , ,

Read more
IMF executive board concludes first review under the stand-by arrangement for Armenia

25.12.2019 14:31

IMF executive board concludes first review under the stand-by arrangement for Armenia

On December 20, 2019, the Executive Board of the International Monetary Fund (IMF) completed the first review under of the Republic of Armenia’s performance under the program supported by the Stand-By Arrangement (SBA), Armenia’s Central Bank said

Views: 3177

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on IMF executive board concludes first review under the stand-by arrangement for Armenia

Tags: , ,

Read more
Armenian finance minister and IMF delegation discuss further cooperation

10.12.2019 16:23

Armenian finance minister and IMF delegation discuss further cooperation

Armenian Finance Minister Atom Janjughazyan received today an IMF delegation led by Nathan Porter, head of the IMF Armenia Mission

Views: 800

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Armenian finance minister and IMF delegation discuss further cooperation

Tags: , , ,

Read more
IMF and Armenia's central bank to conduct joint scientific conference in Dilijan in 2020

21.10.2019 18:45

IMF and Armenia's central bank to conduct joint scientific conference in Dilijan in 2020

An Armenian delegation made up of Armenian Vice Premier Mher Grigoryan, Central Bank Chairman Arthur Javadyan, Chief of the Central Bank’s Financial System Development Division Andranik Grigoryan and Head of Dilijan Education and Research Center Armen Nurbekyan, has had a number of meetings in Washington on the sidelines of the annual session of the governing boards of the World Bank (WB) and International Monetary Fund (IMF)

Views: 2124

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on IMF and Armenia's central bank to conduct joint scientific conference in Dilijan in 2020

Tags: , , , ,

Read more