EVENING SESSION
17:30  
Opening Remarks by Governor Martin Galstyan.
 15 Min  
17:45  
Overview of FPAS Mark II Framework by Vahe Avagyan.
 15 Min  
18:45  
Coffee Break.
 15 Min  
19:00  
Panel Discussion with Charles Goodhart, London School of Economics, discussing scenarios-based forward guidance; Athanasios Orphanides, MIT Sloan School of Management, on improving the Federal Reserve's monetary policy framework; Armen Nurbekyan, Central Bank of Armenia, on communication challenges; Ekaterine Mikabadze, National Bank of Georgia, on applying FPAS principles; and Joeri Schasfoort, Money & Macro, on monetary policy communications.
 15 Min