IMF welcomes Armenian government’s intention to implement a comprehensive package of reforms

YEREVAN, March 29. /ARKA/. An International Monetary Fund (IMF) staff team led by Mr. Hossein Samiei visited Yerevan on March 14–28 to conduct initial discussions on a possible new IMF arrangement with Armenia, the press office of the IMF Mission in Armenia reported on Thursday.

At the conclusion of the visit, Mr. Samiei said in his statement that the staff team welcomes the government’s intention to implement a comprehensive reform agenda, supported by the 2017-22 development program.

This agenda appropriately aims at promoting higher and more inclusive growth. A possible new IMF-supported arrangement would assist the government in achieving Armenia’s vision to become a diversified middle-income economy.

“We held productive discussions on policies and actions for the rest of 2018 and the medium term. Good progress was made in identifying reform priorities and policies to maintain macroeconomic and fiscal stability. The discussions will continue over the coming months,” Samiei said.

“During the visit, the team met with Prime Minister Karen Karapetyan, Deputy Prime Minister Vache Gabrielyan, Minister of Finance Vardan Aramyan, Central Bank Governor Arthur Javadyan, Minister of Economic Development and Investment Suren Karayan, State Revenue Committee Chairman Vardan Harutyunyan, as well as other senior government officials, representatives of civil society, the private sector, and the international community. The team would like to thank the authorities for their cooperation and hospitality.” –0—-

spot_img

POPULAR

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

ACBA Bank Publishes Its First Sustainability Report

ACBA Bank has published its first sustainability report, presenting its performance in the areas of Environmental, Social, and Governance (ESG) factors, the bank’s press service reported.

IDBank to Showcase Environmental and Innovative Initiatives at COP17

Together with its partners, IDBank will participate in the 17th meeting of the Conference of the Parties to the UN Convention on Biological Diversity (COP17), where it will present a number of key initiatives focused on green transformation, digital ecosystems, and biodiversity conservation.

Central Bank of Armenia to issue a commemorative silver coin dedicated to the “Symphony of Stones” natural monument

The Central Bank of Armenia will issue a commemorative silver coin on October 20, 2026, dedicated to the "Symphony of Stones" natural monument, the regulator announced.

LATEST NEWS

spot_imgspot_imgspot_img