Package of documents related to the decision on the refinancing rate
16.12.2025- 2025 Q4, Monetary Policy Report, Monetary Policy Program, December 16, 2025
- Monetary Policy Decision, December 16, 2025
- Monetary Policy Outlook, Q4 Policymaking Round, December 16, 2025
- Transparency Report, December 16, 2025
- Graphs and tables (2025 Q4)
- Monetary Policy Chart Pack, 2025 Q4
Table 1. Summary of Votes on the CBA Refinancing Rate by Individual Board Member, December 16, 2025 Decision
|
Board Member |
Vote |
|
Armen Ktoyan |
Decrease by 25 bps |
|
Narek Ghazaryan |
Keep unchanged |
|
Levon Sahakyan |
Keep unchanged |
|
Artak Manukyan |
Decrease by 25 bps |
|
Davit Nahapetyan |
Decrease by 25 bps |
|
Hovhannes Khachatryan |
Keep unchanged |
|
Martin Galstyan |
Decrease by 25 bps |
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