Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Yerevan, December 4 /Xinhua/ — The International Monetary Fund (IMF) has approved a loan agreement for Armenia worth approximately $175 million, the Central Bank of Armenia (CB) reported.
The regulator's statement noted that the IMF approved a new 36-month loan to the country under the Stand-By Arrangement for approximately $175 million. These funds will be used to ensure the continuity of reforms and macroeconomic stability, as well as to hedge against external risks.
The IMF report particularly notes the role of the Central Bank of Armenia's new monetary policy in reducing inflation to the target level of 3 percent.
According to the report, Armenia's banking system is assessed as well-capitalized, liquid, and generally resilient, although rising credit risks require regulatory vigilance. Strengthening the supervisory system, expanding macroprudential tools, and regulating stablecoins remain priorities in maintaining financial stability, while broader structural reforms promote sustainable and inclusive growth, the report adds.
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