ArmInfo. The main feature of the modern world is <tectonic> shifts in the minds of the mass man, and paradoxically - in developed countries people are increasingly  thinking about traditional values  and the importance of the  spiritual in comparison with the material, and, on the contrary, many  third world countries are falling into primitive westernization,  abandoning their traditions and history.

ArmInfo. The social and political risks noted by the World Bank (WB) in connection with the possible failure of the economic reforms implemented by the Armenian  government are zero. The Minister of Economic Development and  Investments of Armenia Tigran Khachatryan told ArmInfo correspondent  about this.It should be noted that in the WB's new forecast,  published on March 20, "Armenia.

ArmInfo. According to the World Bank's forecast, the international reserves of Armenia in 2019 will be reduced to $ 1.953 billion, but later will increase in 2020 to $  2.250 billion. The new forecast is given in the WB economic report  "Armenia. A strong mandate for change amid a global slowdown. Winter  2019>.

ArmInfo.The International Monetary Fund supports  the structural reforms initiated by the new government of Armenia and  predicts a slowdown in the country's economic growth to 4.5 percent  this year from 5.2 percent in 2018 amid less favorable external  factors, said the Fund's Resident Representative in Armenia, informes by fomag.ru with reference to Reuters.

ArmInfo. On 18 March 2019  Lawrence Meredith,  Director for Neighbourhood East at the European Commission and  leading International Financing Institutions (IFIs) are on a joint  mission in Yerevan to discuss policy priorities and sustainable  investment solutions for energy efficiency in buildings, both public  and private.

ArmInfo. Following the two-week visit to the Armenia, Hossein Samiei, the Head of the International Monetary Fund (IMF) Armenia Mission, said that the organization is  ready to support the government's reforms with a $ 250 million loan.  The stand-by tool, through which support will be provided, is  designed to help countries overcome short-term  problems related to  balance of payments. So what is the matter?

ArmInfo. The International Monetary Fund (IMF) is more conservative in its forecasts.  This was stated by the Deputy Minister of Finance of Armenia Armen  Hayrapetyan, referring to the discrepancy between the IMF forecasts  for GDP growth and the expectations of the RA government.  According  to the deputy minister, the IMF, aware of its responsibility to the  international community, takes a low-key approach.  Meanwhile, the  financial authorities of Armenia are more optimistic, because they  understand what efforts can be made to achieve the planned growth.

ArmInfo. Gross international reserves of Armenia for 2018 declined by almost $ 55 million. As explained in the press release of the Central Bank of Armenia, the  main factor in the volatility of international reserves during 2018  was the payment of about $ 200 million to repay and service  government debt. However, the Central Bank managed to ensure a  smaller decline in reserves due to other operations (purchase of  currency, income from managing international reserves, etc.).

ArmInfo. Gross international reserves (VMP) of Armenia in January 2019 decreased by 11.3% or $ 255.1 million, reaching $ 1.994 billion. This is evidenced by the  data of the Central Bank of Armenia.In the structure of VIR, foreign  assets in hard currency decreased in January of this year. also by  11.3%, amounting to $ 1.989 billion. The share of SDR in the IMF was  $ 5 million, with a decline of 16.1% in January.According to the  regulator's report, on an annualized basis, the value of GIR  decreased by 12.8%, due to a decline in foreign assets in hard  currency by 13%, while the share of SDR in the IMF increased by 2.6  times.

ArmInfo. The share of public debt of Armenia in GDP decreased in 2018 from 58.9% to 55.8%. This indicator is calculated on the basis of absolute values of state debt and GDP published by the RA Statistical Committee on the results of 2018.

ArmInfo. For the first time in recent years, the growth rate of the state debt of Armenia for 2018 was lower than for  the previous year. Also for the first time, the  level of public debt to the country's GDP ratio  fell. 

ArmInfo.The transition to a flat income tax scale, although may have a positive effect in the medium term, however  in the near term the need to reimburse revenue  losses should be considered, Head of the International Monetary Fund  (IMF) Mission in Armenia Hossein Samiei, said  at a press conference  answering the question from ArmInfo.

ArmInfo.A staff team from the International Monetary Fund (IMF), led by Mr. Hossein Samiei, visited Yerevan during February 12-26 to discuss a three-year economic  program supported by an IMF precautionary Stand-By Arrangement.

ArmInfo. The Head of the Armenian Mission of the International Monetary Fund (IMF) Hossein Samiei outlined the most urgent economic challenges faced by the new  government of Armenia.

ArmInfo. The International Monetary Fund (IMF) forecasts economic growth in Armenia at 4.5% in 2019. This was stated by the Head of the IMF Armenian Mission,  Hossein Samiei, at a press conference following a two-week visit to Armenia.

ArmInfo. Armenian Prime  Minister Nikol Pashinyan during a meeting with the head of the IMF  Armenian mission, Hosein Samiey, stressed the importance of effective  cooperation with the International Monetary Fund and the constant  assistance to reforms in the country's economy.

ArmInfo. On February 25, RA  Prime Minister Nikol Pashinyan received the director of the executive  board of the International Monetary Fund, Richard Dornbosch, who  represents Armenia at the IMF. 

ArmInfo.Deputy Minister Artak Kamalyan met with the senior economist of the International Monetary Fund (IMF) in the Middle East and Central Asia region  Seohyun Yun at the RA Ministry of Agriculture to discuss the main  directions of the country's agricultural development.

ArmInfo.The year 2018 was the most difficult for Armenia in economic terms for all the years of its independence due to the political processes in the country and  their impact on the economy. Such an opinion in the report <Armenian  Economy in 2018 and priorities in the context of the country's  membership in the EAEU> expressed a member of the Eurasian Expert  Club, Professor Tatul Manaseryan.

ArmInfo. The International Monetary Fund (IMF) expressed readiness to assist Armenia in ensuring an inclusive model of economic growth embedded in the new government program. This was announced during the meeting of the Minister of  Economic Development and Investments of the Republic of Armenia  Tigran Khachatryan with the delegation of the International Monetary  Fund (IMF), headed by the head of the Armenian IMF mission Hosein  Samiy.