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#STAND-BY ARRANGEMENT

Economy

IMF Executive Board Approves New Stand-By US$171.1 million Arrangement for Armenia

The Executive Board of the International Monetary Fund (IMF) approved on Monday a 36-month Stand-By Arrangement (SBA) for Armenia amounting to SDR 128.80 million (about US$171.1 million or about 100 percent of Armenia’s quota in the IMF).

13.12.2022, 13:34

Economy

IMF: Armenia on track to achieve 11% GDP growth in 2022 with a slowdown to 4-5% in medium term

‘Guided by sound macroeconomic policies amid significant global and regional challenges, Armenia is on course to achieve growth of about 11 percent in 2022, in part driven by large inflows of external income, capital, and labor into the country,’ Iva Petrova, IMF Mission Chief for Armenia, said in a statement after visiting Yerevan from September 26 to October 6 to discuss a three-year economic program supported by an IMF precautionary Stand-By Arrangement.

03.11.2022, 11:38

Economy

IMF Reaches Staff-Level Agreement on Sixth Review for Armenia’s Stand-By Arrangement

An International Monetary Fund (IMF) team, led by Thanos Arvanitis, conducted discussions during March 1–16, 2022 for the sixth review of Armenia’s economic program, which is supported by an IMF Stand-By Arrangement (SBA), IMF said in a press release.

17.03.2022, 18:30