国际货币基金组织：2025年亚美尼亚共和国：第五次备用安排审查、绩效标准未遵守豁免请求以及货币政策咨询条款修改-新闻稿和工作人员报告（英文版）

Armenia’s economic outlook is broadly favorable. Real GDP growth remains strong, gradually decelerating from its previous highs as temporary external drivers have continued to dissipate. Inflation has picked up in recent months but remains moderate, around the CBA’s target. The current account is projected to be close to its norm, with transit trade expected to dissipate in 2025. Risks to the outlook stem mainly from global trade tensions and geopolitical shifts, and a slowdown in main tradin