lobisuper.blogg.se - Facebook growth decelerate significantly mandates vaccine

Steadfast implementation of the government’sĪmbitious 2021-26 reform agenda could result in stronger medium-term The upside, continued capital and migrant inflows may keep demand and Potential slowdown in the global economy, tighter financialĬonditions, and lower trade and capital inflows could weigh on growth. Risks to the outlook remain exceptionally high amid a challenging externalĮnvironment. Inflation is projected to easeįurther by end-2023 due to the lagged effects of monetary policy tighteningĪnd dram appreciation, and lower imported food and energy prices. “Growth is expected to moderate but remain robust at about 5.5 percent inĢ023, driven by consumption and investment.

Has remained well capitalized and highly liquid and has delivered International reserves increased by $870 million in 2022 and the dramĪppreciated by about 25 percent against the US dollar.

Position strengthened, largely owing to booming services trade. Government debt declined to 46.7 percent of GDP in 2022. Headline fiscal deficit narrowed to 2.1 percent of GDP, and central In March 2023 (y-o-y) from a peak of 10.3 percent in June 2022. Annual CPI inflation declined to 5.4 percent Non-residents to Armenia since March 2022 have contributed substantially Relocations of aboutĢ,600 companies, 6000 individual entrepreneurs, and 113 thousand “The Armenian economy posted 12.6 percent GDP growth in 2022, and economicĪctivity has maintained strong momentum in early 2023. Meeting, the authorities plan to continue treating the IMF-supported $24.8 million (SDR 18.4 million) would become available after the Board Viability requirements of the Armenian National Interest Fund. Prior action on clarifying the mandate, transparency, reporting, and Subject to approval by the IMF’s Executive Board, which is scheduled toĬonsider this review in mid-June, and following the implementation of a Program supported by a three-year Stand-By Arrangement. “The IMF team has reached a staff-level agreement with the ArmenianĪuthorities for the conclusion of the first review of the economic reform Was approved by the IMF's Executive Board on December 12, 2022. Led by Iva Petrova, conducted discussions for the first review of Armenia’sĮconomic reform program supported by the IMF.

Policy priorities are to preserve economic and financial stability, and to continue reforms to foster stronger and more inclusive growth.ĭuring March 9–21, 2023, a team of the International Monetary Fund (IMF),.

Inflation should continue moderating, but strong demand, including from cross-border relocations and capital inflows, creates risks.

Growth is expected to decelerate but remain robust in 2023.

A staff level agreement was reached for the completion of the 1st review of Armenia’s economic reform program supported by the IMF in the context of strong economic activity but also significant uncertainty.

Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF's Executive Board for discussion and decision. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country.