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Armenia

Yerevan, Armenia, Photo by Alexanyan

Armenia Resident Representative Site

Resident Representative Office in Armenia

This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Armenia and the IMF. Additional information can be found on Armenia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Armenia.

Read the Latest Program Note, July 10, 2009
(In Armenian)

LATEST MACROECONOMIC DATA for Armenia
last updated: November 4, 2009
(PDF file) (Excel File)

News — Highlights

IMF Regional Economic Outlook for the Caucasus and Central Asia

A Presentation by Nienke Oomes, IMF Resident Representative in Armenia, held at Yerevan State University, November 10, 2009 click for more

IMF Shares World Bank Concerns On Armenia

The International Monetary Fund shares the World Bank’s view that the Armenian economy is dominated by monopolies and other “oligopolistic” structures seriously hampering the country’s development, a senior IMF official said on Wednesday. click for more

The Economic Crisis in Armenia:Causes, Consequences, and Cures

A Presentation by the IMF Armenia Team, For the Financial Banking College, September 09, 2009 click for more

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Armenia and the IMF

Republic of Armenia -- Letter of Intent and Technical Memorandum of Understanding, October 14, 2009

November 3,2009
PDF File Size: 596Kb click for more

Press Release: IMF Completes Second Review Under Stand-By Arrangement with Armenia, Approves Request for Waiver of Nonobservance of Performance Criterion, Modification of Performance Criteria, and Rephasing of Purchases

November 2,2009

Press Release: Statement by IMF Executive Directors at the Conclusion of their Visit to Armenia

October 12,2009

Transcript of a press briefing by Masood Ahmed, Director of the IMF Middle East and Central Asia Department

October 4,2009

IMF Survey: Caucasus, Central Asia Feel Crisis Impact, But Set for Modest Upturn

October 3,2009
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  click for more

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Regional Economic Outlook: Middle East and Central Asia

image from the publication cover


The global economic crisis has taken a toll on the Middle East and Central Asia region, but appropriate policy responses have helped mitigate the impact. Looking ahead, the region’s oil exporters are expected to benefit from rising oil prices as the world economy begins to pull out of an unparalleled post-World War II recession. Oil importers, however, are likely to continue to face continued headwinds that may delay an uptake in growth. Where feasible, countries should continue to support domestic demand to lessen the impact of the crisis on the poor while maintaining a focus on debt sustainability. For the region’s low-income countries, higher donor support will be needed to maintain economic development. Across the region, governments should further strengthen financial systems and be careful not to lose momentum on structural reforms. Published biannually in May and October.
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