World Bank improved its GDP growth forecast for Armenia in 2026 to  5.3%, the highest rate in the South Caucasus
 Thursday, April 9 2026,

ArmInfo. The World Bank (WB) has improved its GDP growth forecast for Armenia in 2026-2027 to  5.3-5.1% from the previous 4.9-4.7% (compared to an actual acceleration in growth in 2025 from 5.9% to 7.2% - Ed.), as stated in the WB's Europe & Central Asia Economic Update: Industrial Policy,  published on April 8.

Armenia`s trade with Russia is declining, while trade with EU is  showing growth
 Wednesday, April 8 2026,

ArmInfo.The share of Armenia's top five trading partners-Russia, China, the UAE, Iran, and Germany-decreased in January-February 2026 to a combined 53% of total turnover (down from 64% in January-February 2024), reaching $1.6 billion in absolute terms.

Armenia`s gross international reserves set a new record of over  $5.5bln, growing 64% year-on-year.
 Wednesday, April 1 2026,

ArmInfo. Armenia's gross international reserves (GIR) increased by 64% year-on-year, or $2.15 billion, by March 2026, setting a new record of $5.521 billion. In the same period of 2025, they declined by 0.3%, or $9.4 million, to  $3.372 billion. In February alone, GIR increased by 6.5% (or $335.2  million), compared to a slight increase of 0.8% (or $27.3 million) a  year earlier.

Territorial Administration Ministry officials, IMF representative  compare notes on  bilateral cooperation agenda
 Monday, March 30 2026,

ArmInfo.Deputy Ministers of Territorial Administration and Infrastructure of Armenia Armen Simonyan, Arnak Avetisyan, and Narek Apitonyan received a delegation led by Alexander Ferenc Timan, head of the International  Monetary Fund (IMF) mission to Armenia.

Final meeting of  IMF mission to Armenia held at Finance Ministry 
 Monday, March 30 2026,

ArmInfo.  The final meeting of the International Monetary Fund (IMF) mission to Armenia was chaired by Armenian Minister of Finance Vahe Hovhannisyan and attended by a delegation led by mission chief Alexander Ferenc Timan.

The Union of Banks of Armenia receives IMF delegation 
 Thursday, March 26 2026,

ArmInfo.The Union of Banks of Armenia today hosted the IMF mission team and the representatives of Armenia's  banking sector.  The meeting was attended by Alexander Ferenc Tieman, Head of the IMF Mission in Armenia, Ruben Melikyan, Deputy Chairman of the Union of Banks of Armenia and representatives of commercial  banks of Armenia.

Economy Minister receives IMF delegation
 Wednesday, March 25 2026,

ArmInfo.  On March 25, Armenian Minister of Economy Gevorg Papoyan received an International Monetary Fund (IMF) delegation in Armenia, led by the head of the mission, Alexander Timan.

Mher Grigoryan, IMF Mission Chief in Armenia discuss implementation  of measures under  Stand-By Arrangement
 Wednesday, March 25 2026,

ArmInfo.  Deputy Prime Minister Mher Grigoryan received a delegation led by Alexander Timan, the International Monetary Fund (IMF) Mission Chief in Armenia.  Umang Rawat, IMF Resident Representative in Armenia, was also present at the meeting.

The UBA met with an IMF representative
 Monday, March 23 2026,

ArmInfo. Daniel Azatyan, President of the Union of Banks of Armenia, received Marnix von Rey, Member of the Executive Board of the International Monetary Fund (IMF), Deputy Managing Director for Armenia.

Compliance gap in Armenia steadily decreasing: Deputy Finance  Minister 
 Friday, March 20 2026,

ArmInfo.The tax compliance gap in Armenia has been steadily decreasing since 2020, as stated by Deputy Minister of Finance Arman Poghosyan on March 20 during  a meeting of the relevant National Assembly committee. He was presenting a report on the progress and outcomes of the Government Program (2021-2026) for 2025.

RA Finance Ministry discusses new SBA program supported by IMF 
 Thursday, March 19 2026,

ArmInfo.Armenian Minister of Finance Vahe Hovhannisyan received a delegation led by Alexander  Ferenc Timan, head of the International Monetary Fund (IMF) mission to Armenia. IMF Deputy Managing Director Marnix van Rij also attended the meeting.

Armenia`s Central Bank  forecasts GDP growth of 7.1-4.7% in 2026,  expecting a resumption of growth in foreign trade 
 Tuesday, March 17 2026,

ArmInfo.The Central Bank of Armenia forecasts a GDP growth of 7.1-4.7% in 2026 and then 5.7-5.3% in 2027, also expecting an improvement in foreign trade dynamics. As a result, the absolute value of GDP will increase to 12.6-12.2 trillion drams (in 2026 from an actual 11.3 trillion drams in 2025), with subsequent growth to 13.8-13.3 trillion drams in 2027, as noted in the Central Bank of Armenia's March report, "Monetary Policy for Q1 2026."

Heads of tax authorities of Armenia and Uzbekistan discuss developing bilateral tax cooperation
 Friday, March 13 2026,

ArmInfo. As part of the  IMF-led III  Forum of Heads of Tax Authorities (CCAMTAC), a bilateral  meeting was held between Eduard Hakobyan, Chairman of the State  Revenue Committee (SRC) of Armenia, and Farrukh Pulatov, Chairman of  the Tax Committee of the Republic of Uzbekistan. 

Armenia`s economic activity accelerated in January 2026, with annual  growth increasing from 7.1% to 7.6%
 Friday, March 6 2026,

ArmInfo. In January 2026, Armenia experienced a boost in its economic activity, with annual  growth rising from 7.1% to 7.6%. At the same time, the decrease in the foreign trade slowed down. According to the latest data from the RA Statistics Committee, the main drivers of annual growth were the  construction, energy, and industrial sectors, while the services sector made a modest contribution and the trade sector had a negligible impact. 

The Middle East conflict threatens the global economy, says the head of the IMF
 Thursday, March 5 2026,

ArmInfo. The global economy is once again being tested by a new conflict in the Middle East, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday.

Corporate lending is outpacing retail lending in Armenia, with the  toxicity of portfolio also on the rise
 Tuesday, March 3 2026,

ArmInfo. A possible slowdown in economic growth in Armenia amid significant growth in the credit  market threatens to result in a significant increase in toxic assets, primarily risky loans, according to  ArmInfo analysts, who analyzed the performance of the banking system (Financial Ratings of Armenian Banks bulletin) for 2025. It is noted that in 2025, in the Armenian banking sector  the growth rate of corporate lending outpaced the  growth rate of retail lending - 24% compared to 21%, while in 2024 the picture was the opposite - 18% compared to 33%.

Economy Minister: Armenia`s GDP to  exceed the budgeted figure by the  end of 2026
 Thursday, February 26 2026,

ArmInfo.Armenia's GDP growth is expected to exceed the budgeted figure by the end of 2026, as stated by Armenian Economy Minister Gevorg Papoyan during a press-  briefing  on February 26.  He attributed this belief to the  government's policies, the business community's response, and the  country's growth rate.

S&P Global Ratings forecasts Armenia`s real GDP to expand by 5.3% in  2026 and to 4.8% in 2027
 Monday, February 23 2026,

ArmInfo. S&P Global Ratings forecasts Armenia's real GDP to expand by 5.3% in 2026 and  to 4.8% in 2027, after which the rate will increase to 5% in 2028.  

Armenia`s GDP increased by 7.2% in 2025, while foreign trade suffered  a double-digit decline
 Friday, February 20 2026,

ArmInfo.Armenia's GDP in 2025 amounted to 11.318 trillion drams (over $29.2 billion),  showing a 7.2% increase. According to the Statistical Committee of the Republic of Armenia, the GDP deflator index for 2025 rose to 103.6% (from 101.4% in 2024).  

Share of Armenia`s top-5 trade partners decreases from 72% to 64% in  2025 
 Tuesday, February 17 2026,

ArmInfo.The share of Armenia's top 5 trading partners-Russia, China, the UAE, Iran, and Germany-decreased by 2025 to a combined 64% of total turnover,  amounting to $13.7 billion in absolute terms (compared to $21.8 billion, or 72%, in 2024). Four of them reduced their volumes year-on-year: Russia by 38.3%, China by 6.5%, the UAE by 60%, and Germany by 2.5%. A year ago, Russia, the UAE, and China demonstrated significant growth, while Germany experienced a more pronounced decline.

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