YEREVAN, September 25. /ARKA/. During a meeting with a delegation led by Alexander Tieman, Head of the IMF Mission to Armenia, Deputy Prime Minister Mher Grigoryan discussed issues raised within the framework of the second review of the Stand-By Arrangement (SBA) supported by the IMF.
According to the government’s press service, the parties addressed macroeconomic trends and fiscal policy.
In this context, the Deputy Prime Minister emphasized the importance of the reforms being implemented in the country with IMF support and expressed gratitude for the technical assistance provided.
About the IMF Stand-By Arrangement
On December 1, 2025, the IMF Executive Board approved a new 36-month Stand-By Arrangement (SBA) for Armenia amounting to 128.8 million SDR (100% of Armenia’s IMF quota, or approximately $175 million). This arrangement aims to assist the authorities in maintaining macroeconomic stability and advancing the structural reform agenda, while also providing a buffer against uncertainty.
Following the approval, an amount equivalent to 18.4 million SDR (approximately $25 million) became immediately available to Armenia.
On June 10, 2026, access to another 18.4 million SDR (approximately $25.1 million) was granted, bringing the total access to 36.8 million SDR (approximately $50.2 million). The remaining amount will be disbursed in equal tranches, subject to semi-annual reviews. Armenian authorities stated that they intend to treat this agreement as a precautionary measure.
