Republic of Armenia: Fifth Review Under the Stand-By Arrangement, Request for a Waiver of Nonobservance of Performance Criterion, and Modification of the Monetary Policy Consultation Clause-Press Release; and Staff Report

Republic of Armenia: Fifth Review Under the Stand-By Arrangement, Request for a Waiver of Nonobservance of Performance Criterion, and Modification of the Monetary Policy Consultation Clause-Press Release; and Staff Report
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Volume/Issue: Volume 2025 Issue 152
Publication date: June 2025
ISBN: 9798229013949
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Inflation , Public Finance , Financial sector stability , Budget planning and preparation , Exchange rates , International reserves , Inflation

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Summary

Armenia’s economic outlook is broadly favorable. Real GDP growth remains strong, gradually decelerating from its previous highs as temporary external drivers have continued to dissipate. Inflation has picked up in recent months but remains moderate, around the CBA’s target. The current account is projected to be close to its norm, with transit trade expected to dissipate in 2025. Risks to the outlook stem mainly from global trade tensions and geopolitical shifts, and a slowdown in main trading partners.

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