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on the Republic of Armenia:

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

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2015  2016
Real GDP -1 0.0
Consumer Prices 6.4 4.0
Source: World Economic Outlook (April 2015)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Republic of Armenia: Financial Position in the Fund

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Central Bank of the Republic of Armenia


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Republic of Armenia and the IMF
Updated June 30, 2015

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 26, 2004 -- Press Release: IMF, World Bank, EBRD and AsDB Release Report on CIS-7 Initiative
April 24, 2004 -- IMFC Statement by Gerrit Zalm, Minister of Finance of the Netherlands
On behalf of: Republic of Armenia, 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: 610Kb
April 23, 2004 -- Recent Policies and Performance of the Low-Income CIS Countries -- An Update of the CIS-7 Initiative
The second report to the Executive Boards since the launch of the CIS-7 Initiative in April 2002. This Initiative was designed to increase donor awareness about the problems of these countries, and to enhance donor and country coordination. Presents a review of recent trends and developments in the seven low-income countries of the CIS, Armenia, Azerbaijan, Georgia, Kyrgyz Republic, Moldova, Tajikistan, and Uzbekistan. Also describes donor activities in support of reforms in these areas.
April 07, 2004 -- Republic of Armenia -- Letter of Intent, Supplementary Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 7, 2004
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 20, 2004 -- Armenia - IMF 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.
December 03, 2003 -- Republic of Armenia: Fourth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion--Staff Report; Staff Statement; and Press Release on the Executive Board Discussion
Series: Country Report No. 03/379
December 02, 2003 -- Republic of Armenia: Joint Staff Assessment of the Poverty Reduction Strategy Paper
Series: Country Report No. 03/378
December 01, 2003 -- Country Focus: The Commonwealth of Independent States -- Finance & Development - December 2003 - Volume 40 - Number 4
A decade after starting their transition to market economies, the CIS countries have achieved impressive economic growth but need to implement further structural reforms to strengthen the investment climate; a statistical analysis illustrated with six graphs.
PDF File Size: 63 Kb
December 01, 2003 -- Bridging the "Great Divide" -- Finance & Development - December 2003 - Volume 40 - Number 4
Poorly developed financial systems in the CIS-7 countries may jeopardize their sustained growth.
PDF File Size: 195 Kb
November 24, 2003 -- Press Release: IMF Completes Fourth Review Under PRGF for the Republic of Armenia, Grants Waiver, and Approves Disbursement of US$14 Million
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

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