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Crackdown on corruption and shady dealings have brought $1.1 billion to Armenia’s government budget since 2018 - Pashinyan

07.04.2020 10:03

Crackdown on corruption and shady dealings have brought $1.1 billion to Armenia’s government budget since 2018 - Pashinyan

YEREVAN, April 7. /ARKA/. The steps taken by the Armenian government, including those measures aimed at rooting out corruption and shady dealing, have brought $1.1 billion to the country’s budget since 2018 increasing the budget revenue by 40%, Prime Minister Nikol Pashinyan said Monday while answering citizens’ questions in a live broadcast.

Pashinyan said that AMD 40 billion had already been returned to the budget on criminal cases, and there are cases in the process of investigation, which can bring up to AMD 190 billion to the government budget.

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Armenian banks' transfers to government budget built up 12.3% in 2019

01.02.2020 14:37

Armenian banks' transfers to government budget built up 12.3% in 2019

All the banks operating in Armenia have found themselves in the State Revenue Committee’s list of the 1,000 biggest taxpayers of the country. They have sent AMD 54.6 billion to the government budget in 2019 against AMD 48.6 billion a year before

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Armenia to stop taking loans for financing its budget deficit - finance ministry

12.12.2019 14:49

Armenia to stop taking loans for financing its budget deficit - finance ministry

In 2020, Armenia will stop taking loans for financing its budget deficit, Armenian Deputy Finance Minister Armen Hayrapetyan said Thursday at an extraordinary session of the National Assembly

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Armenia to receive $152 million in budget support loans

12.12.2019 14:48

Armenia to receive $152 million in budget support loans

Armenian Deputy Finance Minister Armen Hayrapetyan, speaking Thursday at an extraordinary session of the National Assembly, said Armenia will attract budget-supporting loans totaling $152 million (around €131.4 million).

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Armenia to get €45.8 million budget assistance loan from IBRD

15.11.2019 10:56

Armenia to get €45.8 million budget assistance loan from IBRD

The International Bank for Reconstruction and Development (IBRD) will provide Armenia with a budget assistance loan worth €45.8 million, First Deputy Finance Minister Karen Brutyan said during a government meeting on Thursday

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Armenian government's 2020 budget deficit set at 183 billion drams

28.10.2019 18:52

Armenian government's 2020 budget deficit set at 183 billion drams

The draft 2020 budget of the Armenian government projects a deficit to the tune of 183 billion drams or 2.6% of the GDP, Minister of Finance Atom Janjugazyan said today during a discussion of the draft budget by parliamentary standing committees

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4.9% GDP growth projected in Armenia's 2020 draft government budget

28.10.2019 18:46

4.9% GDP growth projected in Armenia's 2020 draft government budget

At Armenia’s government budget for 2020, GDP growth is projected at 4.9%, Finance Minister Atom Janjughazyan said Monday at the discussion of the government budget at the National Assembly’s standing committees. In the 2019 government budget, economic growth is projected at 4.9% and inflation at 2.7%

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Banks of Armenia increase their transfers to government budget by 20% in 2018

14.02.2019 18:10

Banks of Armenia increase their transfers to government budget by 20% in 2018

All the banks operating in Armenia are among the country’s largest taxpayers– they transferred AMD 48.6 billion to the government budget in 2018

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Armenia’s state debt stood at $6.7 billion in late 2017

29.05.2018 20:45

Armenia’s state debt stood at $6.7 billion in late 2017

Armenia’s state debt amounted to $6.7 billion in late December 2017, Minister of Finance Atom Janjughazyan said today during a parliamentary hearing on the implementation of the government’s budget in 2017

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Armenian government accounts for better-than-projected indicators for 2017

22.01.2018 12:05

Armenian government accounts for better-than-projected indicators for 2017

On Friday, representatives of the Armenian finance ministry told Karen Karapetyan, prime minister, that the indicators of 2017 exceed the figures projected in the government budget, the government’s press office reports

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