Armenian GDP may shrink by 5% or even more in 2020, according to minister
14.08.2020 20:54
YEREVAN, August 14. /ARKA/. According to preliminary estimates, Armenia's GDP is expected to shrink by 5% or even more in 2020 due to the coronavirus crisis, Economy Minister Tigran Khachatryan said at a press conference on Friday.
The minister said approximately 40% of the country's GDP is generated in the first half of the year, and 60% in the second. He said according to the latest statistical data, in the first half of the year the GDP dropped by 2%.
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Central bank chairman predicts bigger than expected GDP drop in 2020
25.06.2020 22:04
Armenia’s GDP will decline more by the end of 2020 than most of the forecasts predict, the chairman of the Central Bank Martin Galstyan stated at a parliamentary meeting on Thursday
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Ratio of Armenia’s public debt to GDP at the end of the year is expected to reach 50-60% - Janjughazyan
25.06.2020 12:12
The ratio of Armenia’s public debt to GDP at the end of the year is expected to reach 50-60%, Armenian Finance Minister Atom Janjughazyan said Wednesday at an extraordinary meeting of the country’s parliament
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Ratio of public debt to GDP in Armenia is 53.6%, but it is fully manageable – Janjughazyan
05.06.2020 18:46
The ratio of public debt to GDP in Armenia is 53.6%, but it is fully manageable and there is the possibility of attracting new funds, Finance Minister Atom Janjughazyan said on Friday, speaking at the National Assembly at the hearings on the 2019 budget performance
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Armenian premier reports 1.38% increase in tax-GDP ratio over one year
07.05.2020 15:09
YEREVAN, May 7. /ARKA/. At the end of 2019, the ratio of taxes to GDP in Armenia was 22.3% against 20.95% a year earlier, Prime Minister Nikol Pashinyan said Wednesday in the National Assembly as he presented the performance of the government’s program to the lawmakers. “Thus, during 2019, we increased the tax/GDP ratio by […]
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Damage to Armenian economy from coronavirus to amount $ 1.53 billion, GDP to shrink more than 11% - former economy minister
06.04.2020 13:15
The damage to the Armenian economy from the coronavirus in the base scenario will amount to $ 1.53 billion (or 11.2% of the 2019 GDP), according to a study by Vahram Avanesyan, a former minister of economy of Armenia, published on the website of the Russian-Armenian University
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Fitch ratings projects that Armenia’s government debt may rise from 53.6% at end-2019 to 59.2% of GDP in 2020
04.04.2020 21:53
Armenia’s general government debt is projected to rise from 53.6% at end-2019 to 59.2% of GDP in 2020 before falling back to 56.0% in 2021, upward revisions of 9.4pp and 7.4pp, respectively, since our last review, and well above the current ‘BB’ median of 46.5%, Fitch Ratings said in a report
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Armenia's public debt to be below 50% of gdp by 2020
18.12.2019 12:49
Chaired by Prime Minister Nikol Pashinyan, the Government of Armenian discussed December 17 Ministry of Finance budget allocation bid for FY2020
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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 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 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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