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 3.2 3.5
Consumer Prices 1.8 3.8
Source: World Economic Outlook (October 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

Central Bank
Central Bank of the Republic of Armenia


Resident Representative Office in Armenia

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Republic of Armenia and the IMF
Updated November 3, 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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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.
January 22, 2003 -- Press Release: Lucerne Conference on the CIS-7 Initiative
December 16, 2002 -- News Brief: CIS-7 Poverty Reduction Strategy Forum Sees New Opportunity to Reduce Poverty
December 01, 2002 -- Cross-Border Issues in Energy Trade in the CIS Countries
Author/Editor: Dodsworth, John | Mathieu, Paul Henri | Shiells, Clinton R.
Series: Policy Discussion Paper No. 02/13
October 17, 2002 -- Republic of Armenia: 2002 Article IV Consultation, First and Second Reviews Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria--Staff Report; Staff Statement; and Public Information Notice and News Brief on the Executive Board Discussion
Series: Country Report No. 02/228
October 09, 2002 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with the Republic of Armenia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
October 08, 2002 -- Republic of Armenia: Statistical Annex
Series: Country Report No. 02/225
September 30, 2002 -- News Brief: IMF Completes First and Second Review of Armenia's PRGF Arrangement and Approves Request for Waiver of Performance Criteria
September 28, 2002 -- Statement by Hans Hoogervorst, Minister of Finance of the Netherlands, IMFC Meeting, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Former Yugoslav Republic of Macedonia, Moldova, the Netherlands, Romania, and Ukraine
September 28, 2002 -- Press Briefing on Developments in Baltic and CIS Countries, Opening Remarks by John Odling-Smee, Director, European II Department, IMF
September 12, 2002 -- Joint Staff Assessment of the PRSP Preparation Status Report
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 72Kb
September 11, 2002 -- Armenia -- Letter of Intent, Memorandum of Economic and Financial Policies, Technical Memorandum of Understanding, September 11, 2002
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.
September 02, 2002 -- Republic of Armenia -- Poverty Reduction Strategy Paper Preparation Status Report--Table of Contents, September 2002
Describes the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.
July 25, 2002 -- Armenia -- 2002 Article IV Consultation, 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.
April 20, 2002 -- Press Release: Ministers Endorse International Initiative for Seven Poor Countries of the Commonwealth of Independent States
April 20, 2002 -- Statement by Governor Nout Wellink, on behalf of Gerrit Zalm, Minister of Finance of the Netherlands, at the International Monetary and Financial Committee, Washington, D.C., April 20, 2002
The International Monetary and Financial Committee member for the constituency consisting of Republic of Armenia, Bosnia and Herzegovina, Bulgaria, Republic of Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Republic of Moldova, Kingdom of the Netherlands-Netherlands, Romania, and Ukraine
April 02, 2002 -- Republic of Armenia: 2001 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; and Public Information Notice, Press Release, and News Brief on the Executive Board Discussion
Series: Country Report No. 02/73
April 02, 2002 -- Republic of Armenia: 2001 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; and Public Information Notice, Press Release, and News Brief on the Executive Board Discussion
Series: Country Report No. 02/73
March 04, 2002 -- Republic of Armenia: Report on the Observance of Standards and Codes--Fiscal Transparency Module
Series: Country Report No. 02/37

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