The IMF Press Center is a password-protected site for working journalists.
Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.
Modify your profile
Publication Date:
December 14, 2022
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The economy has maintained a strong momentum, driven by robust consumption and a surge in inflows of income, capital, business, and labor. Inflation has increased markedly due to the sharp rise in food and energy prices and the booming economy, but proactive monetary policy tightening and GDP growth deceleration are projected to bring inflation down in 2023. While robust growth should continue over the medium-term, uncertainty is elevated and downside risks are significant due to the ongoing war in Ukraine and sanctions on Russia, global financial tightening, slowdown in major trading partners, and high food and energy prices. Structural challenges also remain, including high unemployment, weak business environment, and low productivity growth.
Series:
Country Report No. 2022/366
Subject:
International organization Monetary policy
Frequency:
regular
Publication Date:
December 14, 2022
ISBN/ISSN:
9798400227059/1934-7685
Stock No:
1ARMEA2022004
Pages:
100
Please address any questions about this title to publications@imf.org
© 2022 International Monetary Fund. All rights reserved.
Republic of Armenia: Request for a Stand-By Arrangement-Press … – International Monetary Fund
