Executive Board
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Board Discussions
on the Republic of Armenia:

Previous:
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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January 01, 2008 -- Microeconomic Implications of Remittances in an Overlapping Generations Model with Altruism and Self-Interest
Author/Editor: Grigorian, David A. | Melkonyan, Tigran A.
Series: Working Paper No. 08/19
December 10, 2007 -- Republic of Armenia: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Modification of Performance Criteria - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Armenia
Series: Country Report No. 07/377
November 26, 2007 -- Press Release: IMF Executive Board Completes Fifth Review Under Armenia's PRGF Arrangement and Approves US$5.2 Million Disbursement
October 01, 2007 -- Republic of Armenia -- Letter of Intent, memorandum of Economic and Financial Policies, and technical memorandum of Understanding, October 01, 2007
PDF File Size: 181Kb
October 01, 2007 -- Press Release: Statement at the Conclusion of an IMF Mission to Armenia
June 01, 2007 -- Modalities of Moving to Inflation Targeting in Armenia and Georgia
Author/Editor: Dabla-Norris, Era | Kim, Daehaeng | Zermeno Livas, Mayra Rebecca | Billmeier, Andreas | Kramarenko, V.
Series: Working Paper No. 07/133
June 01, 2007 -- Bank Efficiency and Market Structure: What Determines Banking Spreads in Armenia?
Author/Editor: Dabla-Norris, Era | Floerkemeier, Holger
Series: Working Paper No. 07/134
May 29, 2007 -- Press Release: IMF's Middle East and Central Asia Department Sees the Growth Boom Continuing in the Caucasus and Central Asia, but Highlights the Need for Vigilance Against Inflationary Pressures and Excessive External Borrowing
May 23, 2007 -- Republic of Armenia: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion - Staff Report; and Press Release on the Executive Board Consideration
Series: Country Report No. 07/181
May 16, 2007 -- Press Release: IMF Executive Board Completes Fourth Review Under Armenia's PRGF Arrangement and Approves US$5 Million Disbursement
May 01, 2007 -- Tax Potential vs. Tax Effort: A Cross-Country Analysis of Armenia's Stubbornly Low Tax Collection
Author/Editor: Davoodi, Hamid Reza | Grigorian, David A.
Series: Working Paper No. 07/106
April 14, 2007 -- IMFC Statement by Mr. Nout Wellink, President of the Nederlandsche Bank
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: 747Kb
December 11, 2006 -- Republic of Armenia: 2006 Article IV Consultation and Third Review Under the Poverty Reduction and Growth Facility - Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Authorities of the Republic of Armenia
Series: Country Report No. 06/433
Notes: Public Information Notice also available in Armenian
December 11, 2006 -- Republic of Armenia: Selected Issues
Series: Country Report No. 06/434
December 07, 2006 -- Public Information Notice: IMF Concludes 2006 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.
November 22, 2006 -- Press Release: IMF Executive Board Completes Third Review Under PRGF Arrangement for Armenia and Approves US$4.9 Million Disbursement
November 01, 2006 -- Transmission Mechanisms of Monetary Policy in Armenia: Evidence from VAR Analysis
Author/Editor: Dabla-Norris, Era | Floerkemeier, Holger
Series: Working Paper No. 06/248
September 17, 2006 -- IMFC Statement by Gerrit Zalm, Minister of Finance of 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, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 267Kb
August 26, 2006 -- Republic of Armenia: Poverty Reduction Strategy Paper Progress Report - Joint Staff Advisory Note
Series: Country Report No. 06/320
June 26, 2006 -- Republic of Armenia: Poverty Reduction Strategy Paper Progress Report
Series: Country Report No. 06/239

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