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IMF Resident Representative in Armenia identifies main obstacles to improving the country's business environment
The IMF has observed important improvements in Armenia's business environment over the past few years, but obstacles remain, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA.Armenian government’s fiscal policy is supportive of meeting priority spending needs, while preserving debt sustainability-IMF
'We see the government’s current fiscal policy as being supportive of meeting priority spending needs, while preserving debt sustainability, IMF Resident Representative in Armenia, Umang Rawat, said in an interview with the ARKA news agency.Implementation of reforms to improve business environment and labor market could boost growth, says IMF Resident Representative in Armenia
In an interview with the ARKA news agency, Mr. Umang Rawat, the IMF Resident Representative in Armenia, discusses the significant events of the outgoing year that have greatly affected the country's economy and offers his insights on what lies ahead.IMF says Armenian 2026 budget and medium-term fiscal consolidation are appropriate
The Armenian authorities’ 2026 budget and medium-term fiscal consolidation planned in the authorities’ MTEF are appropriate, the International Monetary Fund (IMF) said after concluding the 2025 Article IV consultation, and completing the sixth review under the Stand-By Arrangement (SBA).Armenia's economic growth will reach 5% in 2025 and accelerate to 5.5% in 2026, according to the IMF forecast
Armenia’s economic performance has remained strong despite a series of shocks amid an uncertain global environment, the Executive Board of the International Monetary Fund (IMF) said after concluding the 2025 Article IV consultation, and completing the sixth review under the Stand-By Arrangement (SBA).International Monetary Fund revises upward its projections for Armenia's economic growth for 2025 and 2026
The International Monetary Fund (IMF) anticipates that Armenia's economy will expand by 4.8% by the conclusion of 2025, as detailed in its October World Economic Outlook report.New head of IMF mission to Armenia and Deputy Prime Minister discussed Armenia's macroeconomic policy
On Tuesday, Armenian Deputy Prime Minister Tigran Khachatryan received a delegation headed by the newly appointed head of the International Monetary Fund (IMF) mission to Armenia, Alexander Timan.Armenia and IMF discuss draft memorandum on economic and financial policies
Armenian Finance Minister Vahe Hovhannisyan discussed several issues related to the draft Memorandum "On Economic and Financial Policies" with a delegation led by Iva Petrova, head of the IMF mission in Armenia, the press service of the Ministry of Finance reported.Improving investment climate, boosting economy and overcoming risks discussed by Armenian PM and IMF delegation
Armenian Prime Minister Nikol Pashinyan received on Monday the head of the Armenian mission at the International Monetary Fund (IMF), Iva Petrova, who is completing her activity in this post.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.News 1 - 20 of 130
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