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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.

News — Highlights

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Presentation on “Caucasus and Central Asia: Regional Economic Outlook for Armenia” by Teresa Daban Sanchez, IMF Resident Representative in Armenia

Hosted by American University of Armenia (AUA), Department of Political Science, Class on Development Policy and Strategy, November 13, 2014; Yerevan, Armenia click for more

Presentation on “Caucasus and Central Asia: Regional Economic Outlook for Armenia” by Teresa Daban Sanchez, IMF Resident Representative in Armenia

Hosted by Financial Banking Centre Foundation (FBCF), November 12, 2014, Yerevan; Armenia click for more

IMF, World Bank, USAID Representatives in Armenia on Achievements, Challenges, and Growth.

November 11, 2014 click for more

IMF Staff Reaches Preliminary Staff-Level Agreement on the First Review Under the Extended Fund Facility Arrangement and Concludes 2014 Article IV Mission to Armenia

October 1, 2014 click for more

Presentation on “IMF Technical Assistance for Formulation of the Tax Code” by Teresa Daban Sanchez, IMF Resident Representative in Armenia during the International Conference on Drafting A Unified Tax Code – Heading Towards Change

Hosted by USAID-funded Tax Reform Project in collaboration with the RA Ministry of Finance; June 17, 2014; Yerevan, Armenia click for more

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Armenia and the IMF

IMF Survey : Caucasus, Central Asia Face Dimmer Growth Prospects

November 3, 2014
Growth in the Caucasus and Central Asia is expected to decline by about one percentage point of GDP in response to the slowdown in Russia, says the latest regional forecast by IMF staff. click for more

Press Release: IMF Staff Reaches Preliminary Staff-Level Agreement on the First Review Under the Extended Fund Facility Arrangement and Concludes 2014 Article IV Mission to Armenia

October 1, 2014

IMF Program Note on the Republic of Armenia

April 7, 2014
Program Note on the Republic of Armenia click for more

Republic of Armenia: Request for Arrangement Under the Extended Fund Facility; Staff Report; Press Release; and Statement by the Executive Director for the Republic of Armenia

March 31, 2014
Series: Country Report No. 14/89 click for more

Press Release: IMF Executive Board Approves US$127.6 Million Extended Arrangement for Armenia

March 7, 2014

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Regional Economic Outlook Update: Middle East & Central Asia

image from the publication cover

Economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid economic and financial fundamentals, albeit with medium-term challenges that need to be addressed. In contrast, other countries—Iraq, Libya, Syria—are mired in conflicts with not just humanitarian but also economic consequences. And yet other countries, mostly oil importers, are making continued but uneven progress in advancing their economic agenda, often in tandem with political transitions and amidst difficult social conditions. In most of these countries, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to reduce high unemployment and improve living standards.

Economic activity in the Caucasus and Central Asia (CCA) region is weakening, mainly because of the near-term slowdown and rising regional tensions affecting Russia, a key trading partner and sources of remittance and investment inflows, as well as weaker domestic demand in a number of CCA countries. Near-term risks are to the downside and tied to the fortunes of large trading partners. Policies need to focus on bolstering economic stability and, where needed, short-term support to ailing economic growth. In addition, a new model for high, sustained, diversified, and inclusive growth is needed to set the direction for economic policies for the next decade. Click for more

Resident Representative for Armenia

Teresa Daban Sanchez
Resident Representative
Ministry of Finance
1 Melik Adamyan Street
Room 325-326
Yerevan 0010, Armenia
E-mail: rr-arm@imf.org
Tel 1: +374-10-528-960
Tel 2: +374-10-545-834
Fax: +374-10-545-833