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Armenia's public debt to be below 50% of gdp by 2020

18.12.2019 12:49

Armenia's public debt to be below 50% of gdp by 2020

YEREVAN, December 18. /ARКА/. Chaired by Prime Minister Nikol Pashinyan, the Government of Armenian discussed December 17 Ministry of Finance budget allocation bid for FY2020/

The government press office said finance Minister Atom Janjughazyan reported that the optimization process continues in the Ministry, with the number of staff standing at 382 instead of 556 last year, down by 31%. In the meantime, the Ministry’s car park was optimized. There are currently 4 vehicles in service instead of 17 in 2018.

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Armenia's public debt expected to drop to 49 percent of GDP by the end of 2019

13.12.2019 11:39

Armenia's public debt expected to drop to 49 percent of GDP by the end of 2019

Armenia’s public debt is expected to drop to 49 percent of GDP by the end of 2019

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Fitch expects Armenia's gross government debt to decrease to 51.2% of GDP in 2019, and 48.4% in 2021

25.11.2019 11:52

Fitch expects Armenia's gross  government debt  to decrease to 51.2% of GDP in 2019, and 48.4% in 2021

Fitch Ratings said in a latest report it has greater confidence in the Armenian government’s commitment to put debt on a downward trajectory

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In 2019 Armenia's public debt to make 50.3% of its GDP

31.10.2019 17:22

In 2019 Armenia's public debt to make 50.3% of its GDP

Armenian government’s public debt at the end of 2019 will stand at $6.94 billion, making 50.3% of its GDP, First Deputy Minister of Finance Karen Brutyan told a parliamentary hearing on the 2020 draft budget today. He specified that as of September 30, 2019, the public debt was worth $6.539 billion

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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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EDB expects Armenian GDP growth to exceed 6 percent in 2019

08.10.2019 16:37

EDB expects Armenian GDP growth to exceed 6 percent in 2019

In an exclusive interview with Arka news agency Andrey Krainiy, deputy EDB Board Chairman, said the Bank forecasts that the economic growth in Armenia by the end of 2019 will exceed 6% and will be one of the highest in the EDB member countries

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Implementation of structural reforms in Armenia could increase real GDP by 7 percent - IMF

10.06.2019 18:50

Implementation of structural reforms in Armenia could increase real GDP by 7 percent - IMF

A full implementation of structural reforms in Armenia could increase the country’s real GDP by as much as 7 percent over the long run, the International Monetary Fund says in its fresh report

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Armenia’s public debt-to-GDP ratio in 2018 was 55.8%

05.06.2019 18:53

Armenia’s public debt-to-GDP ratio  in 2018 was 55.8%

Armenia’s public debt-to-GDP ratio in 2018 was 55.8%, up from the projected 54.2%, Armenian Finance Minister Atom Janjughazyan said today in parliament, which convened to look into the execution of the state budget last year

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Armenian government’s debt in 2019 to amount to $6.913 billion or 49.8% of GDP

25.12.2018 18:56

Armenian government’s debt in 2019 to amount to $6.913 billion or 49.8% of GDP

Armenian government’s debt in 2019 will amount to $6.913 billion or 49.8% of GDP, by $465 million more than in the outgoing year, the Ministry of Finance said in the annual loan program for next year, published on its official website

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Moody’s: CIS companies' 2019 outlook is stable on continuing GDP growth and supportive oil prices

13.12.2018 17:24

Moody’s: CIS companies' 2019 outlook is stable on continuing GDP growth and supportive oil prices

The outlook for non-financial companies in the Commonwealth of Independent States (CIS) for 2019 is stable, Moody’s Investors Service said in its annual outlook on the region

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