Central Bank of Armenia
Margarita Lagzyan is an experienced analyst currently working at the Central Bank of Armenia since June 2023. Margarita has previously held the position of KYC Officer at HSBC from January 2023 to June 2023, where responsibilities included reviewing KYC profiles and managing documentation issues. Additionally, Margarita has contributed as a volunteer at the International Center of Languages and Training since January 2022, organizing IELTS tests and ensuring compliance with timelines and requirements. Prior experience also includes working as an engineer-economist at Armsoft from July 2021 to August 2022, focusing on software assistance and troubleshooting. Margarita holds a Bachelor’s degree in Actuarial and Financial Mathematics from Yerevan State University, completed in 2023, and attended Polytech High School from 2016 to 2019.
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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.