Կենտրոնական բանկ

B O A R D  O F  T H E  C E N T R A L  B A N K

O F  T H E  R E P U B L I C  O F  A R M E N I A

R E S O L U T I O N

18 November 2025, No. 196 A

ON APPROVING THE REPORT ON THE IMPLEMENTATION OF THE MONETARY POLICY PROGRAM

 Based on Part 3 of Article 2, Part 3 of Article 17, and Point "e" of Part 1 of Article 20 of the Law “On the Central Bank of the Republic of Armenia”, guided by the provisions of the Law “On Normative Legal Acts”, the Board of the Central Bank of the Republic of Armenia hereby:

 R E S O L V E S: 

1. To approve the “Report on the Implementation of the Monetary Policy Program (4th Quarter of 2024 – 3rd Quarter of 2025)” in accordance with the Annex to this Resolution.
2. To the External and Public Relations Department of the Central Bank of the Republic of Armenia: to ensure the publication of the approved document on the website of the Central Bank of the Republic of Armenia in the manner prescribed by the Law “On the Central Bank of the Republic of Armenia”.
3. This Resolution shall enter into force in the manner prescribed by law.

 Governor of the

Central Bank of the Republic of Armenia                                                                  Martin Galstyan

Yerevan                                                                 

.