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This 2014 Article IV Consultation highlights that after a steady recovery during 2010–12 from the deep 2009 recession, Armenia’s growth softened in 2013 and has remained subdued in 2014. The softening of economic activity has been broad based, as growth of exports and remittances...
Persistent link: https://www.econbiz.de/10011244163
This Selected Issues paper analyzes scope for further de-dollarization policies in Armenia. High financial … dollarization makes Armenia more vulnerable to external shocks and limits its capacity to respond. The de-dollarization strategy is …
Persistent link: https://www.econbiz.de/10011244733
The postcrisis recovery in Armenia has accelerated, but challenges remain. Economic policies have been broadly …
Persistent link: https://www.econbiz.de/10011245567
IV Consultation -- 2. Spillovers from Global and Regional Developments to Armenia -- 3. Constraints to Potential Growth … -- FIGURES -- 1. Labor Market -- TABLES -- 1. Armenia: Selected Economic and Financial Indicators, 2009-16 -- 2. Balance of … -- ANNEXES -- I. Armenia's Accession to the Eurasian Economic Union -- II. Pension Reform: Recent Developments and Changes -- III …
Persistent link: https://www.econbiz.de/10012679027
Extended Credit Facility Arrangement. The Central Bank of Armenia has kept the policy rate at 8 percent since 2011, and has …
Persistent link: https://www.econbiz.de/10011242894
This paper discusses Armenia’s Request for Arrangement Under the Extended Fund Facility (EFF). Performance under the 2010–2013 program, which was supported by arrangements under the EFF and Extended Credit Facility (ECF), was sound, with growth restored, large fiscal and external...
Persistent link: https://www.econbiz.de/10011243253
Executive Board of the International Monetary Fund (IMF) has recommended the Central Bank of Armenia (CBA) to develop a program …
Persistent link: https://www.econbiz.de/10011243283
KEY ISSUESContext and recent developments. Performance under the 2010?13 program, which was supported by arrangements under the Extended Fund Facility and Extended Credit Facility, was sound, with growth restored, large fiscal and external imbalances reduced, and buffers rebuilt. However,...
Persistent link: https://www.econbiz.de/10012678172
A technical assistance (TA) mission was conducted from July 10 to July 21, 2023, to assist the authorities in Armenia … Armenia (ArmStat) and the Central Bank of Armenia (CBA) fully participated during the mission. The mission was conducted under … the register data from the Cadastre Committee of the Republic of Armenia (CCRA), (ii) contributed to capacity building by …
Persistent link: https://www.econbiz.de/10015059032
This paper analyses Republic of Armenia's First Review under the Stand-By Arrangement (SBA). Armenia's economic …
Persistent link: https://www.econbiz.de/10015059356