Monday, March 12 2018 20:29
Marianna Mkrtchyan

International Monetary Fund to continue support economic development of Armenia

International Monetary Fund to continue support economic development of Armenia

ArmInfo. Armenian President Serzh Sargsyan during the meeting with the Executive Director of the International Monetary Fund Anthony De Lannoy emphasized the importance of the next visit of his delegation to Armenia before the talks on a new program of cooperation with the IMF.

According to the press service of the Armenian head, Sargsyan also expressed hope that the visit will be productive in the context of the future development of projects, targeted directions, as well as from the point of view of exchanging views on current problems and challenges.

The Armenian President also informed that now the development strategy is at the development stage of the RA until 2030, and thus, the visit of the IMF mission and the opinion and evaluation of the Fund's team about the goals indicated in the strategy will be useful.

Sargsyan highly appreciated Armenia's cooperation with the IMF over the past years, noting that thanks to the implementation of various projects in the country, with the active participation of authoritative international financial organizations, including the IMF, the success of implementing reforms in various fields, thereby improving the efficiency of the economy.  At the same time, the Armenian leader assured Armenia's commitment to implement reforms that are based on the previous projects of the IMF and structural changes that will last for a long time.

In his turn, Lannoy highly appraised the successful implementation of the previous program with the Fund by Armenia, expressed the hope that the next program will be developed and successfully implemented with the same efficiency.  The interlocutors agreed that economic growth should be felt for all citizens of Armenia, therefore further joint efforts should be aimed at achieving, among other things, this goal. Stressing that Armenia is already on the right track, the IMF Executive Director expressed readiness to continue assistance, for the benefit of the development of the Armenian economy and the welfare of its citizens.

POST A COMMENT
Input digits     


News
Regulatory courses launched in Armenia using procurement regulationsRegulatory courses launched in Armenia using procurement regulations
With the assistance of the World Bank, a single platform of  informants will be launched in ArmeniaWith the assistance of the World Bank, a single platform of  informants will be launched in Armenia
Head of Government concerned about structure of mining industry of  ArmeniaHead of Government concerned about structure of mining industry of  Armenia
From July 1, 2019 in Armenia, it will be obligatory to disclose real  beneficiaries in field of mineral resource use and extraction of  commercial mineralsFrom July 1, 2019 in Armenia, it will be obligatory to disclose real  beneficiaries in field of mineral resource use and extraction of  commercial minerals
Suren Krmoyan: Fight against corruption is of paramount importance  for the government of ArmeniaSuren Krmoyan: Fight against corruption is of paramount importance  for the government of Armenia
Armenian Ambassador invited leading Estonian companies to Yerevan  International IT CongressArmenian Ambassador invited leading Estonian companies to Yerevan  International IT Congress
Oleg Smirnov to  chair  VTB Bank (Armenia) board Oleg Smirnov to  chair  VTB Bank (Armenia) board 
Project of   was recognized as  best in field of human resource management WOW! HR" class="img-thumbnail col-xs-5 col-sm-4 col-md-5" style="margin:5px;"/>Project of  "RusAl Armenal" plant was recognized as  best in field of human resource management WOW! HR
Ardshinbank Launches Savings AccountArdshinbank Launches Savings Account
Nikol Pashinyan discussed with the leadership of the French company  Nikol Pashinyan discussed with the leadership of the French company  "AMUNDI" the tasks of pension reform
Central Bank of Armenia: IMF approved stand-by loans to Armenia worth  about $ 248.2 millionCentral Bank of Armenia: IMF approved stand-by loans to Armenia worth  about $ 248.2 million
RA Agriculture Ministry Launches Program to Promote Local Seed  ProductionRA Agriculture Ministry Launches Program to Promote Local Seed  Production
At the meeting with the delegation of the French company At the meeting with the delegation of the French company "Amundi",  the Vice Premier of the Republic of Armenia stated the Government`s  readiness to expand the cooperation framework
Representative of the EAEU: the Eurasian Economic Union is an  exclusively economic association without political componentRepresentative of the EAEU: the Eurasian Economic Union is an  exclusively economic association without political component
Ministry of Agriculture has developed fight with tomato moth programMinistry of Agriculture has developed fight with tomato moth program
Central Bank of Armenia: The volume of plastic transactions increased  by 22.5% per annum by April 2019, while the number of cards grew by  17.3%Central Bank of Armenia: The volume of plastic transactions increased  by 22.5% per annum by April 2019, while the number of cards grew by  17.3%
Expert: Armenian authorities and political forces have full consensus  on the republic`s membership in the EAEUExpert: Armenian authorities and political forces have full consensus  on the republic`s membership in the EAEU
Ardshininbank Reopens “Noyemberyan” BranchArdshininbank Reopens “Noyemberyan” Branch
Number of divorces in Armenia by April 2019 decreased by 16.7% per  annum, with growth of marriages by 5.6%Number of divorces in Armenia by April 2019 decreased by 16.7% per  annum, with growth of marriages by 5.6%
Birth rate in Armenia decreased by 3.1% per annum by April 2019Birth rate in Armenia decreased by 3.1% per annum by April 2019
In the first quarter of 2019, Armenia increased the production of  alcoholic beverages with the exception of whiskeyIn the first quarter of 2019, Armenia increased the production of  alcoholic beverages with the exception of whiskey
The new governor of Tavush region of Armenia intends to implement in  the region about 100 new projects totaling about 20 billion dramsThe new governor of Tavush region of Armenia intends to implement in  the region about 100 new projects totaling about 20 billion drams
Forecast: Selling Iranian oil at dumping prices could lead to a price  collapseForecast: Selling Iranian oil at dumping prices could lead to a price  collapse
Ameriabank presented a scoring system for issuing online business  loans for SMEs at the international conference Caucasus19Ameriabank presented a scoring system for issuing online business  loans for SMEs at the international conference Caucasus19
Negative migration balance of Armenia in Q1 of 2019 amounted to 1 218  peopleNegative migration balance of Armenia in Q1 of 2019 amounted to 1 218  people
Statistics: In the Q1 of 2019, the population of Armenia decreased by  3.2 thousand peopleStatistics: In the Q1 of 2019, the population of Armenia decreased by  3.2 thousand people
Interagency commission in Armenia approved roadmap on CEPA  applicationInteragency commission in Armenia approved roadmap on CEPA  application
Gazprom Armenia will attract a syndicated loan of up to $ 150 millionGazprom Armenia will attract a syndicated loan of up to $ 150 million
Ministry of Territorial Administration and Development initiated  discussions on the roadmap of the EU grant program in three regions  of ArmeniaMinistry of Territorial Administration and Development initiated  discussions on the roadmap of the EU grant program in three regions  of Armenia
Travel agency director: Bad roads hamper Development of inbound  tourism in ArmeniaTravel agency director: Bad roads hamper Development of inbound  tourism in Armenia


Exchange rates
21.05.2019
RUB7.440.00
USD479.60-0.43
EUR534.80-0.82
GBP608.80-3.19
CAD357.270.08
JPY43.52-0.10
CNY69.52-0.06
CHF474.90-0.66


Experts
Yulia Ustyugova: Armenia can get access to IMF “insurance line”Yulia Ustyugova: Armenia can get access to IMF “insurance line”
Armand Arton: The question whether citizenship should be granted in  return for investments is rather rhetoricalArmand Arton: The question whether citizenship should be granted in  return for investments is rather rhetorical
Former head of the Ministry of Finance: <Confrontation> with Lydian may cost much to ArmeniaFormer head of the Ministry of Finance: with Lydian may cost much to Armenia
Vardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDPVardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDP
HSBC Bank Armenia increases efficiency and focuses on digital servicesHSBC Bank Armenia increases efficiency and focuses on digital services
Bulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactoryBulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactory
Expert: Recruitment market in Armenia from the point of view of  supply and demand is sleepingExpert: Recruitment market in Armenia from the point of view of  supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limitedExpert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in ArmeniaAssociation of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not changePailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the gameRouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan:  Armenia`s payment business has great prospectsMher Arakelyan:  Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report  on Armenia`s banking systemRating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system
Igor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care ofIgor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care of
Ara Khzmalyan: Armenia is comfortable to Russian touristAra Khzmalyan: Armenia is comfortable to Russian tourist
The Armenian delegation to the US followed the advice of President TrumpThe Armenian delegation to the US followed the advice of President Trump
Outflow of population and passivity of the Diaspora pushes property prices downOutflow of population and passivity of the Diaspora pushes property prices down
Finombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and  non-creditworthy consumersFinombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and non-creditworthy consumers
Vahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distancesVahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distances
Gagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directionsGagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directions

Search by date

Government Bonds

 

ISIN AMGT13291250
Auction ID AMGB1029A250A
Date 02.02.2019
Issue date 29.10.2019
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
DLS
Total amount (AMD) 1 000 000 000
Amount of the total bids (AMD) 787 200 000
Amount of the total accepted bids (AMD) 787 200 000
Cut of yield (%) 10,6447
Weighted avrage yield (%) 10,6447
Auction max  yield (%) 10,6447
Auction min  yield (%) 10,6447
Number of participants 5
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

Commented
Forecast: Electricity exports to the Middle East through Iran are a  key component of Armenia`s geo- economic strategyForecast: Electricity exports to the Middle East through Iran are a  key component of Armenia`s geo- economic strategy
ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019
Overdue loans accelerate growth in banking system of ArmeniaOverdue loans accelerate growth in banking system of Armenia
RA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in ArmeniaRA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in Armenia
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff
Through the mobile banking application of Ardshinbank you can get a  loan in seconds.Through the mobile banking application of Ardshinbank you can get a  loan in seconds.
By the end of 2018, By the end of 2018, "Galburdjian Group" will launch the production of  sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources,  rather than small hydropower stationsExpert: Armenia has a problem with effective use of water resources,  rather than small hydropower stations
Investment forum Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the  construction of a new nuclear unitExpert: It is necessary to start implementing the program for the  construction of a new nuclear unit
The Armenian government suggests raising the minimum pension by 60%The Armenian government suggests raising the minimum pension by 60%
The updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of EnergyThe updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of Energy
Eurasian Development Bank wishes to expand its activities in ArmeniaEurasian Development Bank wishes to expand its activities in Armenia
$ 100 million to be invested in repatriation project Build Armenia$ 100 million to be invested in repatriation project Build Armenia
FRV: Armenia`s growing desire to increase renewable energy sources is  a decisive factorFRV: Armenia`s growing desire to increase renewable energy sources is a decisive factor
Suren Papikyan: It`s safe now to do business in Armenia, assures  Armenian MinisterSuren Papikyan: It`s safe now to do business in Armenia, assures  Armenian Minister
Armenian state debt started reducing up to $6.7 bln to June 1 2018Armenian state debt started reducing up to $6.7 bln to June 1 2018
Minister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two yearsMinister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two years
Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan 
German bank KFW urges Armenia to build power line in the direction to  GeorgiaGerman bank KFW urges Armenia to build power line in the direction to  Georgia
Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation 
IFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture MinistryIFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture Ministry
Rosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to RussiaRosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to Russia