Armenian vice-premier hosts IMF reps 

ArmInfo.  On April 8, RA Deputy Prime Minister Mher Grigoryan received Iva Petrova, outgoing Chief of the IMF Mission in Armenia. As reported by the press service of the  RA government, the meeting was also attended by Umang Rawat, IMF  Resident Representative in Armenia, and Alexander Tieman, who will  succeed Iva Petrova.

The Deputy Prime Minister pointed out the key importance of  cooperation with the IMF for Armenia, especially noting the reforms  implemented within the framework of the Reserve Lending Program.

The interlocutors discussed a number of issues related to fiscal and  economic policy, and exchanged views on regional developments.

Armenia became a member of the IMF on April 28, 1992. In October last  year, following an IMF mission to Armenia from 18 September to 1  October 2024 and subsequent discussions, a working agreement was  reached on the fourth review of the three-year IMF-supported Reserve  Arrangement. The review was approved by the IMF Executive Board in  December 2025, making $24.5 million (SDR 18.4 million) available to  the country, bringing the total available funds to $122.7 million  (SDR 92 million). The program is precautionary in nature, with  borrowed funds aimed at meeting the economy's external financing  needs arising from potential future shocks.