Executive Board
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Board Discussions
on the Republic of Armenia:

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November 6, 2015
March 7, 2014
December 7, 2012
December 12, 2011
June 29, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2016  2017
Real GDP 1.9 2.5
Consumer Prices 2.6 4.0
Source: World Economic Outlook (April 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Republic of Armenia: Financial Position in the Fund

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Central Bank of the Republic of Armenia


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Republic of Armenia and the IMF
Updated April 15, 2016

The last Article IV Executive Board Consultation was on December 07, 2012. Listed below are items related to the Republic of Armenia, in reverse chronological order (you can also view items by category).

Page 5 of 13
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October 14, 2009 -- Republic of Armenia -- Letter of Intent and Technical Memorandum of Understanding, October 14, 2009
PDF File Size: 596Kb
October 12, 2009 -- Press Release: Statement by IMF Executive Directors at the Conclusion of their Visit to Armenia
October 04, 2009 -- IMFC Statement by Wouter Bos, Dutch Ministry of Finance, the Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 295Kb
October 03, 2009 -- Transcript of a press briefing by Masood Ahmed, Director of the IMF Middle East and Central Asia Department
October 03, 2009 -- IMF Survey: Caucasus, Central Asia Feel Crisis Impact, But Set for Modest Upturn
The global crisis has severely impacted the Caucasus and Central Asia (CCA), with growth for the region projected to drop from 6.6 percent in 2008 to 1.5 percent in 2009, according to the IMF’s latest forecast for Middle East and Central Asia
September 16, 2009 -- Press Release: IMF Mission Reaches Staff-Level Agreement on Second Review Of Stand-By Arrangement with Armenia
July 17, 2009 -- Republic of Armenia: First Review Under the Stand-By Arrangement, Request for Augmentation, Rephasing of Purchases, Waiver of the Nonobservance of Performance Criteria, and Modification of Performance Criteria - Staff Report, Press Release on the Executive Board Discussion, and Statement by the Executive Director for the Republic of Armenia.
Series: Country Report No. 09/214
June 22, 2009 -- Press Release: IMF Completes First Review Under Stand-By Arrangement with Armenia and Approves Increase in Financial Support to US$822.7 Million
June 05, 2009 -- Republic of Armenia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 05, 2009
PDF File Size: 535Kb
May 11, 2009 -- IMF Survey: Crisis Virtually Halts Growth in Caucasus and Central Asia
Growth in the Caucasus and Central Asia is expected to come to a near halt this year—contracting to 0.9 percent in 2009 from 6.3 percent in 2008—and recover only gradually in 2010, according to the latest IMF forecast for the region.
May 08, 2009 -- Republic of Armenia: Request for Stand-By Arrangement-Staff Report; Staff Supplements and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Armenia.
Series: Country Report No. 09/140
April 25, 2009 -- IMFC Statement by Nout Wellink, President, Dutch Central Bank, Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 307Kb
March 09, 2009 -- IMF Survey: IMF Lends Armenia $540 Million to Counter Crisis Impact
The IMF has approved a $540 million loan to Armenia to help the country cope with shocks and boost confidence in its currency and financial system.
March 06, 2009 -- Press Release: IMF Approves US$540 Million Stand-By Arrangement for Armenia
March 03, 2009 -- Press Release: IMF Announces Management Support for $540 million Loan to Armenia, Welcomes Move On Exchange Rate
March 02, 2009 -- Republic of Armenia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 02, 2009
PDF File Size: 448Kb
March 01, 2009 -- In Search of a Dramatic Equilibrium: Was the Armenian Dram Overvalued?
Author/Editor: Oomes, Nienke | Minasyan, Gohar | Stepanyan, Ara
Series: Working Paper No. 09/49
March 01, 2009 -- A New Keynesian Model of the Armenian Economy
Author/Editor: Mkrtchyan, Ashot Anatolii | Dabla-Norris, Era | Stepanyan, Ara
Series: Working Paper No. 09/66
February 10, 2009 -- Republic of Armenia: Report on the Observance of Standards and Codes - Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework (DQAF)
Series: Country Report No. 09/50
January 29, 2009 -- Republic of Armenia: 2008 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Staff Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Armenia.
Series: Country Report No. 09/29

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