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

03.11.2020 13:50

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

YEREVAN, November 3. /ARKA/. 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.

In his words, in the draft state budget for 2021, the capital expenditures of the central bank will amount to 1.17 billion drams (90% less than in 2020).

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