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  • Archive for November, 2020

    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

    Armenia's tax revenue for 10 months of 2020 amounts to AMD 1 trillion 134 billion

    Monday, November 9th, 2020

    Armenia’s tax revenue for 10 months of 2020 amounted to AMD 1 trillion 134 billion, Chairman of the State Revenue Committee Edward Hovhannisyan said in an interview with the Public Television of Armenia

    The 12-month inflation in October was 1.3%

    Friday, November 6th, 2020

    The 12-month inflation in October 2020 in Armenia’s consumer market was 1.3%, the National Statistical Committee (NSC) said

    Ban on imports of Turkish goods will not lead to inflation rise

    Tuesday, November 3rd, 2020

    The ban on imports of finished Turkish goods will not lead to additional inflation, Minister of Economy Tigran Khachatryan told reporters on Tuesday

    Armenian central bank to cut capital investments by 90% in 2021

    Tuesday, November 3rd, 2020

    The Central Bank of Armenia will cut capital investments by 90% in 2021, Central Bank Chairman Martin Galstyan said Monday at parliamentary hearings on the draft state budget for 2021

    Armenia’s central bank plans cuts to increase wages - Galstyan

    Tuesday, November 3rd, 2020

    The Central Bank of Armenia plans cuts in the system to raise wages in 2021, Central Bank Chairman Martin Galstyan said on Monday during parliamentary hearings on the draft government budget for 2021

    Armenian government's debt to make 65% of GDP this year

    Monday, November 2nd, 2020

    The Armenian government’s debt by the end of 2020 will make 65% of GDP, and in 2021 it will slightly decrease to 63%, Finance Minister Atom Janjughazyan said on Monday, presenting the draft state budget for 2021 to parliamentary commissions

    Armenia may increase public debt – vice-premier

    Monday, November 2nd, 2020

    YEREVAN, November 2. /ARKA/. Armenia may increase the public debt, Armenian Vice-Premier Mher Grigoryan told reporters on Monday. The National Assembly of Armenia began today to discuss the draft government budget for 2021. Grigoryan said that the draft government budget for 2021 presented at the moment is qualitatively balanced – it is indicated what revenues, […]