ArmInfo. Deputy Prime Minister of Armenia Mher Grigoryan received Mr Thanos Arvanitis, the International Monetary Fund (IMF) Deputy Director of the Middle East and Central Asia Department. Mr Umang Rawat, the IMF Resident Representative for Armenia was also present at the meeting.
Grigoryan attached importance to cooperation with the IMF, touching on the reforms carried out as a result of joint work.
According to the government's press service, the parties discussed the ongoing budget policy of Armenia, touched upon public-private partnerships, managing public investments and increasing the efficiency of budget processes. The International Monetary Fund (IMF) has improved Armenia's GDP growth forecast for 2024 from the previous 5% to 6% (against the actual 8.7% growth in 2023), with a slowdown to 5. 2% in 2025.
