Not the Fed Tealbook March 2023
2023-03-24 21:19
WP 2023/08
Central Bank of Armenia Working Paper 2023/08
Not the Fed Tealbook March 2023Angela Papikyan, Vahe Avagyan, and March 2023Abstract
“Not the Fed Tealbook” simulates a state-of-the-art macroeconomic analysis and streamlined monetary policy note with limited resources. This provides a simple and accessible application of the Forecasting and Policy Analysis (FPAS) Mark II framework that incorporates uncertainty, nonlinearities, and Alan Greenspan’s 2004...
Refinancing Rate Set at 10.75%
2023-03-14 21:43
Refinancing Rate Set at 10.75%
At the March 14, 2023 meeting, the Board of the Central Bank of Armenia (CBA) decided to leave the refinancing rate unchanged, at 10.75%.
In February 2023, the 12-month inflation continued to decrease to 8.1% at the end of the month. The 12-month core inflation reduced as well, reaching 8.4%.
In the first quarter of 2023, the economic growth in the world and main partner countries of Armenia remains at a low level. The 12-month inflation in Armenia’s...
List established under UNSC resolution was changed
2023-03-10 13:15
On 09 March 2023, the Committee established pursuant to the UN Security Council resolution 1518 approved changes to the list of individuals and entities associated with...
Lists established under UNSC resolutions were amended
2023-03-02 15:32
On 02 March, 2023 the Committee established pursuant to the UN Security Council resolution 1533 approved amendments to the list of individuals and entities associated with the Democratic Republic of...
Status Report on Implementation of the Monetary Policy Program (Q1, 2022 - Q4, 2022)
2023-02-28 22:58
(2022/4) In the one-year period between the 1st quarter and the 4th quarter of 2022 Armenia’s inflation environment has been high, with the latter largely determined by the influence of escalation of the Russian-Ukrainian conflict since the end of February, various sanctions imposed on Russia and many uncertainties derived from them. These factors, in the aftermath effects of the coronavirus pandemic, again led to significant supply chain disruptions that were expressed in international...
New FATF public statement issued
2023-02-28 10:57
On 24 February 2023, the FATF issued a Public Statement on jurisdictions with strategic deficiencies in their anti-money laundering and combating the financing of terrorism regime.
The statement is available...
List established under UNSC resolutions was amended
2023-02-06 13:50
On 02 February 2023, the Committee established pursuant to the UN Security Council resolutions 1267/1989/2253 approved amendments to the list of individuals and entities associated with ISIL (Da’esh) and...
Not the Fed Tealbook January 2023
2023-02-05 17:03
WP 2023/02
Central Bank of Armenia Working Paper 2023/02
Not the Fed Tealbook January 2023∗
Abstract
Authored by Participants of the Global Forecasting School: Angela Papikyan, VaheAvagyan, Hayk Avetisyan, Meline Gevorgyan, Edgar Hovhannisyan, Haykaz Igityan, MartinGalstyan, Julian Gilbert, Hayk Karapatan, Asya Kostanyan, Douglas Laxton, Jared Laxton,Anahit Matinyan, Armen Nurbekyan and Nerses...
FPAS Mark II Monetary Policy Relevant Output Gaps
2023-01-31 22:29
WP 2023/03
Central Bank of Armenia Working Paper 2023/03
FPAS Mark II Monetary Policy Relevant Output Gaps Vahe Avagyan, Hayk Avetisyan and Martin Galstyan
January 31, 2023
Abstract
This paper is the second in a series exploring ways of conducting current macroeconomic analysis using the MPMOD framework. The preceding paper in this series laid the groundwork for this approach, delving into the historical narrative of the US economy in the context of MPMOD and fleshed out...
FPAS Mark II: Better Work-Life Balance Issues
2023-01-31 10:44
WP 2023/01
Central Bank of Armenia Working Paper 2023/02
FPAS Mark II: Better Work-Life Balance Issuesby Vahe Avagyan, Hayk Avetisyan and Martin Galstyan
January 31, 2023
Abstract
The introduction of the Forecasting and Policy Analysis System (FPAS) Mark II, which introduces the idea of “monetary policy as risk management” to better deal with uncertainty and nonlinearities, provides an unparalleled opportunity to rethink the role of human capital in central banks. Rather...
Statistical overview (January. 2023)
2023-01-30 11:06
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
List established under UNSC resolutions was amended
2023-01-20 05:57
On 16 January 2023, the Committee established pursuant to the UN Security Council resolutions 1267/1989/2253 approved amendments to the list of individuals and entities associated with ISIL (Da’esh) and...
Meeting with EBRD Representatives
2023-01-17 22:01
On January 16th the Governor of the Central Bank of Armenia Martin Galstyan had a meeting with the European Bank for Reconstruction and Development (EBRD) delegation led by the Vice President for Policy and Partnerships Mark...
Statement of financial position as at 31 December 2022
2022-12-31 16:23
Statement of financial position as at 31 December...
Statistical overview (December. 2022)
2022-12-30 22:57
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...