Central Bank of Armenia
Ashot M. currently serves as a Senior Risk Manager at the Central Bank of Armenia, focusing on quantitative finance and econometrics within the Global Markets Risk Management Division since December 2022. Additional academic experience includes roles as a Teaching Associate at the American University of Armenia, facilitating courses in Intermediate Macroeconomics and Economics of Development from January to June 2023 and again in January to June 2024. Previous positions include a Research Assistant role in labor economics at the American University of Armenia, an intern at the U.S. Embassy in Armenia, and various research positions in economic and development topics. Ashot M. has also contributed to the Golden Apricot International Film Festival and completed a Bachelor's degree in Business from the American University of Armenia, alongside an exchange program in Economics at Marymount University.
Central Bank of Armenia
The Central Bank of Armenia (the CBA) is a legal entity empowered with state functions. Primary goal of the CBA is price stability in the Republic of Armenia. The CBA coordinates the primary goal with the Government of Armenia, as stipulated by the Armenian Law on State Budget, and approved by the National Assembly of Armenia. The CBA itself decides on the strategy of monetary policy it implements and target (intermediate and operational) indicators that are contained in the monetary policy program and subject to presentation to the National Assembly. The program outlines the main directions of the monetary policy and the monetary instruments which the CBA uses in order to fulfill its objectives. Coordination of monetary and fiscal policies is priority in developing and implementing the monetary policy. The coordination involves both opting for basic macroeconomic indicators and issues relating to short-term adjustment of liquidity by the CBA, disbursement of external financial inflows and issuance and allocation of T-bills by the Government. The CBA makes sure its activities are maximally transparent and open to public, which serve the best warrant for the general public's confidence in the monetary policy implemented by the CBA.