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Presentation - “Policy Challenges for Armenia in the Context of Regional and Global Economic Shocks: An Update”, CRRC-Armenia


May 23, 2016


Event Date:

May 24, 2016, 14:00 - May 24, 2016, 16:00

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Policy Challenges for Armenia in the Context of Regional and Global Economic Shocks: An Update

aucasus Research Resource Center (CRRC)-Armenia in cooperation with IMF Resident Representative Office in Armenia and Yerevan State University invite you to a public presentation of the latest “Policy Challenges for Armenia in the Context of Regional and Global Economic Shocks: An Update” to be delivered by Teresa Daban Sánchez (IMF Resident Representative in Armenia)

Date:               May 24, 2016
Time:              14:00-16:00
Location:        CRRC-Armenia office (1 Alex Manoogian Street, YSU Library building, 6th floor, room 602)
Language:      English (with simultaneous translation into Armenian)

General Overview

Current state of affairs in the global economy and macroeconomic challenges and opportunities for Armenia will be discussed.

In 2016, low oil prices and deepening conflicts continue to weigh mightily on the economies of the MENAP region. Oil exporters are facing another year of heavily reduced oil export revenues, and require ongoing fiscal consolidation and reforms to cope with these losses and to diversify their economies away from oil. Oil importers are experiencing uneven and fragile growth, and need to adjust to the challenges of spillovers from their oil-exporting neighbors and the threat from conflicts. For more details please click here to find the full text of the Regional Economic Outlook (Middle East and Central Asia) report issued in April 2016.

Short Bio

Teresa Dabán Sánchez, a Spanish national, is the Resident Representative of the International Monetary Fund in Armenia since August 2013. Since she joined the Fund in 2000, she has worked as Senior Economist in many countries in Sub-Saharan Africa, Europe, Latin America, and Asia, in a variety of assignments including on macrofiscal analysis, fiscal transparency and public finance management. Prior to joining the Fund, she served for eight years as an advisor in the Spanish Ministry of Finance. Teresa holds a Master Degree on Monetary and Financial Economics from the Center for Monetary and Financial Studies (CEMFI, Madrid, Spain) and an MSc in Econometrics and Mathematical Economics from the LSE.


If interested, please, confirm your attendance via or call at 57 48 98 by 10:00, May 23, 2015, mentioning your name and organizational affiliation.

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