YEREVAN, September 28. /ARKA/. A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Alexander Tieman, the IMF mission chief for Armenia.
According to the Central Bank, participants discussed the country’s macroeconomic situation, existing challenges, and economic policy directions for the upcoming period, while also summarizing the key outcomes of the IMF mission’s visit.
The parties reviewed the progress made on structural benchmarks established under the IMF-supported Stand-By Arrangement (SBA) and discussed the continuation of reforms aimed at ensuring the stability and development of the financial system.
Following the meeting, the parties reaffirmed their commitment to continued cooperation to strengthen economic stability and the resilience of Armenia’s financial system.
On Armenia’s Cooperation with the IMF
Armenia has been a member of the International Monetary Fund since May 28, 1992.
The country’s cooperation with the IMF encompasses consultations on macroeconomic policy, financial stability, public financial management, tax policy, and the development of the statistical system.
On December 1, 2025, the IMF Executive Board approved a new 36-month Stand-By Arrangement (SBA) for Armenia totaling 128.8 million SDR (100% of Armenia’s IMF quota, or approximately $175 million). This arrangement will assist the authorities in maintaining macroeconomic stability and advancing structural reforms, while also providing a safeguard against uncertainty. The SBA program provides for support for macroeconomic stability and the implementation of reforms, while the Armenian authorities have stated their intention to treat it as a precautionary financing facility.
