Central Bank of Armenia
Victoria Alaverdyan is an experienced economist and researcher currently working at the Central Bank of Armenia since March 2022, where roles have included Economist, Data Analyst, and Analyst in various departments focused on economic research, risk analysis, and corporate culture. Previous positions include Junior Researcher in the Financial Stability Research Division and Project Intern in the Economic Research Department, where Victoria conducted research on financial education in schools and labor market analysis in Armenia. Additionally, Victoria served as a Board Member on the Curriculum Review Board at Yerevan State University Ijevan Branch and completed an internship in Applied Econometrics at Enlight Studies. Education includes a Bachelor's degree in Economics from Yerevan State University and pursuit of a Master's degree in Economics with a focus on Data Analytics and Econometrics at the American University of Armenia.
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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.