IMF approves $175 million 36-Month Stand-By Arrangement for Armenia

The IMF has approved a new 36-month Stand-By Arrangement (SBA) of SDR 128.8 million (about US$175 million) for Armenia, the Central Bank of Armenia said in a press release.

The arrangement supports continuity in reforms, preserves macroeconomic stability, and provides insurance against external risks.

The Central Bank of Armenia (CBA) remains central player in maintaining stability. Its updated monetary policy framework aims to guide inflation back to the 3 percent target. A data-driven approach to policy rates, along with the flexible exchange rate and healthy reserve levels, continues to buffer the economy against global shocks.

Armenia’s banking system is assessed as well-capitalized, liquid, and broadly resilient, though rising credit risks require vigilance. Strengthening supervisory frameworks, expanding the macroprudential toolkit, and advancing stablecoin regulation remain priorities to safeguard financial stability while broader structural reforms support sustainable, inclusive growth.

To access the full press release of IMF follow the link.