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

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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 11, 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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April 15, 2011 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Armenia
January 01, 2011 -- Armenia: An Assessment of the Real Exchange Rate and Competitiveness
Author/Editor: Weber, Anke | Yang, Chunfang
Series: Working Paper No. 11/20
December 07, 2010 -- Republic of Armenia: 2010 Article IV Consultation, First Review Under the Extended Financing Facility and Extended Credit Facility, and Request for Modification of Performance Criteria-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion
Series: Country Report No. 10/350
December 01, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation for the Republic of Armenia
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
December 01, 2010 -- Press Release: IMF Executive Board Completes First Review Under EFF/ECF Arrangement for Armenia and Approves US$53.4 Million Disbursement
November 11, 2010 -- Republic of Armenia -- Letter of Intent, and Technical Memorandum of Understanding, November 11, 2010
PDF File Size: 513Kb
November 01, 2010 -- The Transmission Mechanism in Armenia: New Evidence from a Regime Switching VAR Analysis
Author/Editor: Bordon, Anna R | Weber, Anke
Series: Working Paper No. 10/270
October 28, 2010 -- IMF Survey: Recovery Takes Hold in Caucasus, Central Asia
The economic upturn in the Caucasus and Central Asia is gathering momentum, with growth for the region projected to increase to 5¾ percent in 2010 from 3½ percent in 2009, the IMF says in its latest forecast for the region.
October 09, 2010 -- IMFC Statement by Jan Kees de Jager, Minister of Finance, Ministry of Finance, 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: 305Kb
September 29, 2010 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Armenia
August 01, 2010 -- Estimates of the Output Gap in Armenia with Applications to Monetary and Fiscal Policy
Author/Editor: ElGanainy, Asmaa A | Weber, Anke
Series: Working Paper No. 10/197
July 21, 2010 -- Republic of Armenia: Request for Three-Year Arrangement Under the Extended Fund Facility and Extended Credit Facility, and Cancellation of the Stand-By Arrangement - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Armenia.
Series: Country Report No. 10/223
June 28, 2010 -- Press Release: IMF Executive Board Approves Three-Year Arrangement under the Extended Fund Facility and Three-Year Arrangement under the Extended Credit Facility for the Republic of Armenia
June 10, 2010 -- Republic of Armenia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 10, 2010
PDF File Size: 539Kb
May 19, 2010 -- Press Release: IMF Reaches Staff-Level Agreement with Armenia on Three-Year Extended Fund Facility and Extended Credit Facility Programs
April 24, 2010 -- IMFC Statement by Maria van der Hoeven Minister of Finance a.i., 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: 306Kb
April 21, 2010 -- Republic of Armenia: Third Review Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Modification of Performance Criteria - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Alternate Executive Director and Advisor for the Republic of Armenia.
Series: Country Report No. 10/97
March 29, 2010 -- Press Release: IMF Completes Third Review Under Stand-By Arrangement for Armenia and Approves US$73.6 Million Disbursement
March 10, 2010 -- Republic of Armenia -- Letter of Intent and Technical Memorandum of Understanding, March 10, 2010
PDF File Size: 486Kb
February 17, 2010 -- Press Release: IMF Mission Reaches Staff-Level Agreement on Third Review Under Stand-By Arrangement with Armenia

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