ARKA News Agency congratulates you on the incoming year 2025!

Armenia's fiscal policy in 2027, if economic growth remains slightly above the long-term sustainable level, will have a certain restraining effect on aggregate demand, stated Central Bank Governor Martin Galstyan, presenting the regulator's conclusion on next year's draft state budget to parliament.

The Central Bank of Armenia has tightened liquidity requirements for banks with large, concentrated foreign currency inflows to limit the risk of a potential outflow of funds.

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points, from 6.75% to 7%.

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

The Armenian government plans to attract $1.1 billion in loans in 2027, said RA Finance Minister Vahe Hovhannisyan.