IMF refuses to grant Greece delay in Debt Payment

YEREVAN, April 17. /ARKA/. International Monetary Fund (IMF) is refusing to grant Greece a delay in payment of its debt in May, IMF head Christine Lagarde said.

According to the Financial Times newspaper’s Thursday report, Lagarde had explained the policy of not granting delay requests to Greek Finance Minister Yanis Varufakis, the Prime reports.

The IMF has not provided delays for 30 years now, Lagarde said. She said they provided clarifications to the minister on the policy and the respective procedures. –0–

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Armenia to prepare action plan to implement MONEYVAL recommendations — Union of Banks

Armenia's interdepartmental commission will soon present for discussion an action plan to implement MONEYVAL recommendations, said Daniel Azatyan, Chairman of the Union of Banks of Armenia, in response to a question from ARKA news agency.

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

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