Yerevan, Armenia – Armenia discussed ways to strengthen cooperation with the International Monetary Fund, alongside various economic and financial issues of mutual interest, as part of the ongoing dialogue between the two sides regarding support for economic stability and the continued implementation of reform programs. The discussions also covered economic developments in Armenia, fiscal and monetary policies, and efforts to maintain stability and foster growth. Furthermore, prospects for future cooperation were explored.
The Armenian side emphasized the importance of continuing the partnership with the International Monetary Fund (IMF) and leveraging the technical and economic expertise it provides. This cooperation supports the development of economic policies, the improvement of public finance management, and the strengthening of the economy’s resilience against external variables and challenges. The two sides also addressed several priorities related to economic reforms and discussed improving the business and investment climate, as well as strengthening financial institutions. These efforts contribute to creating more favorable conditions for sustainable growth and enhancing the competitiveness of the Armenian economy.
The meeting takes place as Armenia continues its efforts to develop its economy and strengthen financial stability, with the government focused on supporting investment, diversifying economic activity, and boosting growth. The International Monetary Fund (IMF) also continues to collaborate with Armenia across various areas, including economic and financial policies and structural reforms. Furthermore, the Fund provides technical advice and the necessary support to strengthen the capacity of economic and financial institutions. Ongoing engagement between the two sides is expected in the coming period to follow up on shared economic matters and assess developments, thereby supporting Armenia’s goals of financial stability and economic growth.