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231004 ||| eng |
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|a 9798400245268
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245 |
0 |
0 |
|a Republic of Armenia
|b First Review Under the Stand-By Arrangement and Request for Modifications of Performance Criteria and Monetary Policy Consultation Clause-Press Release; Staff Report
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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300 |
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|a 60 pages
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651 |
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4 |
|a Armenia, Republic of
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653 |
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|a Finance, Public
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653 |
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|a Inflation
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653 |
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|a Revenue administration
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653 |
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|a Public debt
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653 |
|
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|a International Organizations
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653 |
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|a Public finance & taxation
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653 |
|
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|a Monetary economics
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653 |
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|a International agencies
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653 |
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|a Debt Management
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653 |
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|a Debts, Public
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653 |
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|a Fiscal Policy
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653 |
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|a Debt
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653 |
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|a Exports and Imports
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653 |
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|a Fiscal policy
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653 |
|
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|a International economics
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653 |
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|a International Lending and Debt Problems
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653 |
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|a Debts, External
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653 |
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|a External debt
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653 |
|
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|a International organization
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653 |
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|a National Government Expenditures and Related Policies: General
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653 |
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|a Sovereign Debt
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653 |
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|a International institutions
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653 |
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|a Taxation, Subsidies, and Revenue: General
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653 |
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|a International Economics
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653 |
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|a Macroeconomics
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653 |
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|a Public financial management (PFM)
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653 |
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|a Monetary policy
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653 |
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|a Public Finance
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653 |
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|a Monetary Policy
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653 |
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|a Money and Monetary Policy
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653 |
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|a Revenue
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653 |
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|a International Agreements and Observance
|
710 |
2 |
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|a International Monetary Fund
|b Middle East and Central Asia Dept
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
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|b IMF
|a International Monetary Fund
|
490 |
0 |
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|a IMF Staff Country Reports
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028 |
5 |
0 |
|a 10.5089/9798400245268.002
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2023/205/002.2023.issue-205-en.xml?cid=534722-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a This paper analyses Republic of Armenia’s First Review under the Stand-By Arrangement (SBA). Armenia’s economic activity was very strong in 2022, with real gross domestic product growing at 12.6 percent, driven by robust consumption and external demand. Growth is projected to be at 5.5 percent in 2023. The SBA, which the Armenian authorities are treating as precautionary, aims to ensure policy continuity, advance structural reforms, and maintain macroeconomic, financial, and fiscal stability. The program is broadly on track. All end-December quantitative performance criteria and indicative targets were met, and good progress was made toward the completion of structural benchmarks. The end-March structural benchmark requiring the adoption of a decree clarifying the mandate, reporting, transparency, and viability requirements for the Armenian National Interests Fund was completed as a prior action for the review. The economic outlook for 2023 is generally positive, although risks remain substantial
|