In 2019 Armenia's public debt to make 50.3% of its GDP
31.10.2019 17:22
YEREVAN, October 31. /ARКА/. 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.
“Taking into account the loans approved by the government, the public debt level will not exceed 50%, which we consider an important achievement, since this indicator is lower than the level of public debt in late 2018, when it amounted to 51.3% of GDP,” Brutyan said.
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4.9% GDP growth projected in Armenia's 2020 draft government budget
28.10.2019 18:46
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
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
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%, 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 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
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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Armenia’s public debt in 2019 to stabilize within 50% of GDP
27.09.2018 17:30
Armenia’s public debt in 2019 is expected to stabilize within 50% of GDP, Finance Minister Atom Janjughazyan said at a government meeting on Thursday, when presenting the draft state budget for 2019
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Taxes paid by SMEs dropped by 2.3 percent in 2017
03.07.2018 18:59
The amount of taxes paid in 2017 by Armenia’s SMEs decreased by 2.3% from the previous year to 209.4 million drams, according to a report by the Business Support Office
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IMF estimates Armenia’s informal economy at 36% of GDP
07.02.2018 16:59
A recent study by the International Monetary Fund (IMF) titled, ‘Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?’ estimates Armenia’s informal (shadow) economy at 36% of its overall GDP
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