IMF 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.

Armenia and the IMF

Armenia: At a Glance
Office Activities

IMF’s Work on Armenia
Regional Economic Outlook

Armenia: At a Glance

Current IMF membership: 189 countries
Armenia joined the Fund on May 28, 1992; Article VIII
Quota: SDR 128.8 million
Latest Macroeconomic Data for Armenia; October, 2019
PDF Version | Excel Data

Office Activities

Armenia REO presentation

Presentation by Yulia Ustyugova, IMF Resident Representative in Armenia

IMF Sees Faster Growth In Armenia

Interview with Yulia Ustyugova, IMF Resident Representative in Armenia to Radio Free Europe/Radio Liberty (Available in Armenian https://www.azatutyun.am/a/30280215.html)

November 20, 2019
Tax Policy Challenges for Economic Growth and Fiscal Sustainability

Presentation by Yulia Ustyugova, IMF Resident Representative in Armenia at a Round Table on Tax Administration and Legislation, organized by European Business Association (EBA) Armenia

November 20, 2019
Yulia Ustyugova: Armenia can get access to IMF “insurance line” (русский)

Interview with Yulia Ustyugova, IMF Resident Representative in Armenia to Arminfo News Agency

May 7, 2019
IMF: Armenia should implement carefully-planned structural reforms while maintaining macroeconomic and financial stability (русский)

Interview with Yulia Ustyugova, IMF Resident Representative in Armenia to ARKA news Agency

March 28, 2019
Ustyugova: risks to economic resilience and growth could stem from slower implementation of structural reform agenda in Armenia

Interview with Yulia Ustyugova, IMF Resident Representative in Armenia to ARKA news Agency

December 13, 2018

IMF’s Work on Armenia

Republic of Armenia : Second Review Under the Stand-By Arrangement, Requests for Augmentation of Access, Modification of Performance Criteria, and Monetary Policy Consultation Clause-Press Release; Staff Report; Staff Supplement; and Statement by the Alternate Executive Director

May 22, 2020

Author/Editor:International Monetary Fund. Middle East and Central Asia Dept.
Series:Country Report No. 2020/176
IMF Executive Board Concludes Second Review Under Armenia’s Stand-By Arrangement and Augments Access to Address the Impact of COVID-19

May 18, 2020

The Executive Board of the International Monetary Fund (IMF) completed the second review of the Republic of Armenia’s performance under the program supported by the Stand-By Arrangement (SBA). Armenia’s three-year SBA of SDR 180 million (about US$248 million), equivalent to 139.75 percent of Armenia’s quota in the IMF, was approved by the IMF’s Board on May 17, 2019 (see Press Release No. 19/173).
COVID-19 Poses Formidable Threat for Fragile States in the Middle East and North Africa

May 13, 2020
Confronting the COVID-19 Pandemic in the Middle East and Central Asia

April 15, 2020
IMF Reaches Staff-Level Agreement on Second Review for Armenia’s Stand-By Arrangement, Request for Augmentation

April 9, 2020

Regional Economic Outlook

July 8, 2020

Read the Report