Executive Board
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Board Discussions
on the Republic of Armenia:

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March 7, 2014
December 7, 2012
December 12, 2011
June 29, 2011
June 28, 2010

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 4.3 4.5
Consumer Prices 5.0 4.0
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Republic of Armenia: Financial Position in the Fund

Transactions with the Fund

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Central Bank of the Republic of Armenia


Resident Representative Office in Armenia

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Republic of Armenia and the IMF
Updated October 1, 2014

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).

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November 23, 2003 -- The Next Ten Years of Transition: The Challenges Ahead, Address by John Odling-Smee, International Monetary Fund
Prepared for delivery at the International Seminar dedicated to the 110th Anniversary of the Establishment of the State Bank in Armenia and the 10th Anniversary of the Introduction of the National Currency of the Republic of Armenia, Yerevan
November 20, 2003 -- Republic of Armenia: Poverty Reduction Strategy Paper
Series: Country Report No. 03/362
November 10, 2003 -- Press Release: IMF Managing Director Horst Köhler's Statement at the Conclusion of a Visit to the Republic of Armenia
November 07, 2003 -- Press Release: IMF Managing Director Horst Köhler to Visit Armenia, Kazakhstan, Kyrgyz Republic, Russia and Tajikistan
November 07, 2003 -- Press Release: The Republic of Armenia Subscribes to the IMF's Special Data Dissemination Standard
October 30, 2003 -- Republic of Armenia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, October 30, 2003
This Letter of Intent of the government of Armenia describes the policies that Armenia intends to implement in the context of its request for financial support from the IMF.
October 10, 2003 -- Armenia -- Mission Concluding Statement
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
October 01, 2003 -- Of Openess and Distance: Trade Developments in the Commonwealth of Independent States, 1993-2002
Author/Editor: Elborgh-Woytek, Katrin
Series: Working Paper No. 03/207
October 01, 2003 -- Priorities for Further Fiscal Reforms in the Commonwealth of Independent States
Author/Editor: Lorie, Henri
Series: Working Paper No. 03/209
October 01, 2003 -- Financial Development in the CIS-7 Countries: Bridging the Great Divide
Author/Editor: De Nicoló, Gianni | Geadah, Sami | Rozhkov, Dmitriy
Series: Working Paper No. 03/205
September 21, 2003 -- Statement by Gerrit Zalm, Minister of Finance of the Netherlands, International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
On behalf of the constituency comprising Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Republic of Macedonia, Moldova, the Netherlands, Romania, and Ukraine.
September 01, 2003 -- Reforming Tax Systems: Experience of the Baltics, Russia, and Other Countries of the Former Soviet Union
Author/Editor: Stepanyan, Vahram
Series: Working Paper No. 03/173
September 01, 2003 -- Nominal Anchors in the CIS
Author/Editor: Keller, Peter | Richardson, Thomas J.
Series: Working Paper No. 03/179
August 05, 2003 -- Armenia -- Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 01, 2003 -- Armenia: The Road to Sustained Rapid Growth-Cross-Country Evidence
Author/Editor: Iradian, Garbis
Series: Working Paper No. 03/103
April 12, 2003 -- IMFC Statement by Nout Wellink on behalf of Hans Hoogervorst, Minister of Finance of the Netherlands, April 12, 2003
The International Monetary and Financial Committee statement on behalf of the the constituency comprising Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Moldova, Netherlands, Romania, Ukraine
April 04, 2003 -- Republic of Armenia: Third Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion--Staff Report; and Press Release on the Executive Board Discussion
Series: Country Report No. 03/93
April 02, 2003 -- Press Release: IMF Completes Third Review of Armenia's PRGF Arrangement and Request for Waiver of Performance Criterion
March 07, 2003 -- Armenia -- Letter of Intent, Supplementary Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 7, 2003
This Letter of Intent of the government of Armenia describes the policies that Armenia intends to implement in the context of its request for financial support from the IMF.
February 10, 2003 -- Armenia-Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.

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