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Fitch expects Armenia not to use $121 million available under IMF agreement
Fitch expects that authorities will not draw down the USD121 million available under the IMF Stand-By Arrangement (expiring this year), and will treat it as a precautionary buffer. Net external debt will be about 2x the projected 'BB' median, averaging 26.8% of GDP in 2025-2026.IMF outlines measures to boost Armenia's economic resilience and growth
Reforms aimed at diversifying exports, improving the business environment, strengthening governance, and advancing climate policy implementation are crucial for boosting economic resilience and increasing potential growth, said IMF Deputy Managing Director and Acting Chairman Bo Li.IMF: Armenia's 2025 budget well-balanced
Armenia's 2025 state budget is appropriately balanced between maintaining macroeconomic stability and addressing priority expenditures, including refugee integration and high security spending, according to IMF Deputy Managing Director and Acting Chairman Bo Li.IMF: Armenia's economy to grow by up to 5.5% by 2028
Armenia's economy has the potential for annual growth of up to 5.5% over the next five years, provided that structural reforms and opportunities for labor force integration are realized, said Umang Rawat, IMF Resident Representative in Armenia, while presenting the report Caucasus and Central Asia: Economic Outlook and Policy Challenges.IMF leaves Armenia's economic growth forecast unchanged for 2024 and expects a slowdown in 2025
The IMF expects Armenia's GDP growth to reach 6 per cent in 2024 and and slow down to 4.9 per cent in 2025, as domestic consumption and external demand slow down, the IMF said in a press release following an IMF team’s visit to Armenia, led by by IMF Armenian Mission Chief Iva Petrova from 18 September to 1 October.IMF Executive Board Completes Third Review Under Stand-By Arrangement with Armenia
The Executive Board of the International Monetary Fund (IMF) completed the third review under the Stand-By Arrangement (SBA) with Armenia. The completion of the review enables access of SDR 18.4 million (about US$24.5 million), bringing total access to SDR 73.6 million (about US$97.7 million), IMF said in a press release.IMF Deputy Regional Director on improving outlook for Armenia's economy and its development potential
Deputy Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Thanos Arvanitis was in Yerevan last month to participate in the May 10 presentation of the IMF's 2024 Regional Economic Outlook report for the Caucasus and Central Asia, organised jointly with the Central Bank of Armenia.Shrinking growth drivers will lead to slowdown in Armenia's economy in 2025 - IMF
The International Monetary Fund (IMF) expects Armenia's economy to grow by 6% in 2024 and to slow slightly in 2025, hanos Arvanitis, Deputy Director of the IMF's Middle East and Central Asia Department, said today.IMF predicts a period of weak growth for the world economy
The International Monetary Fund (IMF) believes that the world economy is threatened by a period of weak growth. IMF Managing Director Kristalina Georgieva said while speaking at the annual EU budget conference in Brussels, TASS reports.Maintaining macroeconomic stability is absolute priority for Armenian government - Pashinyan
Maintaining macroeconomic stability is an absolute priority for the Armenian government, and steps and reforms in this direction will be consistent, Prime Minister Nikol Pashinyan said today during a meeting with the head of IMF Mission in Armenia Iva Petrova, the government press service reported.IMF: Armenian government’s knowledge-based growth strategy requires steadfast implementation of structural reforms
The knowledge-based, export-oriented, and investment-driven growth strategy envisaged in the 2021-26 Government Reform Program requires a steadfast implementation of structural reforms and an enabling investment environment, said Iva Petrova, IMF Mission Chief for Armenia.IMF expects growth in Armenia to ease, reaching 7 and 5 percent in 2023 and 2024, respectively
The International Monetary Fund (IMF) expects growth in Armenia to ease, reaching 7 and 5 percent in 2023 and 2024, respectively, as income and capital flows moderate, and global and domestic financial conditions continue to remain tight.Caucasus, Central Asia countries should strengthen economic policy fundamentals amid rising uncertainty - IMF
The International Monetary Fund (IMF) expects some slowdown in the growth rates of economies in the Caucasus and Central Asia (CCA) region, IMF Middle East and Central Asia Department Director Jihad Azour said during a webinar on the IMF's latest Regional Economic Outlook report on the Middle East and Central Asia.News 1 - 20 of 119
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