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  • Archive for November 17th, 2020

    The 2020 budget deficit to grow to 7.1% from earlier projected 2.3%

    Tuesday, November 17th, 2020

    The 2020 budget deficit will grow to 7.1% instead of the 2.3% projected at the beginning of the year, Chairman of the Central Bank of Armenia Martin Galstyan said in parliament on Tuesday

    Level of Armenia's public debt to GDP in 2020 to make 66.5 percent

    Tuesday, November 17th, 2020

    The level of Armenia’s public debt to GDP by the end of 2020 will be 66.5%, against 49.9% in 2019, and in 2021 it will reach 67%, Armenian Finance Minister Atom Janjughazyan said on Tuesday

    Armenia's 2021 draft budget earmarks 215 billion drams as capital expenditure

    Tuesday, November 17th, 2020

    Armenia’s draft 2021 state budget earmarks 215 billion drams or 3.2% of GDP as capital expenditure, Finance Minister Atom Janjughazyan said on Tuesday