Armenian central bank puts 2017 GDP growth at 6.4 percent
17.01.2018 13:49
YEREVAN, January 17. /ARKA/. Armenia’s Central Bank had revised upward its GDP growth forecast for 2017 to 6.4%, up from its previous forecast of 4.6%. The higher forecast was announced during a meeting of the Central Bank’s Board, held on December 26, 2017, the regulator reported today.
According to Central Bank, the economic activity throughout 11 months of 2017 was driven mainly by industry and services, which grew at high rates. According to statistics, economic activity in the first 11 months of 2017 increased by 7.3% year-on-year.
The Central Bank noted also that in the fourth quarter, the recovery of domestic demand significantly exceeded the expected rates. As a result, private consumption and private investment growth indicators exceeded the expected figures by more than 2%.
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Armenia raises national debt ceiling
20.12.2017 18:05
A set of amendments passed today in the second and final reading to Armenian laws related to the state budget and the national debt, provide for three national debt ceilings – 40%, 50% and 60% of the GDP
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Public debt-GDP ratio expected to be recorded at 55.4% in Armenia in 2017
13.12.2017 15:11
The ratio of Armenia’s public debt to gross domestic product is expected to stand at 55.4% in 2017, Vardan Aramyan, finance minister, said Tuesday at the budget system discussion in the National Assembly
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Finance minister: Armenia’s foreign debt amounts to $5.4 billion now
26.09.2017 14:29
Armenia’s foreign debt amounts to $5.4 billion now, Vardan Aramyan, the country’s finance minister, said Monday at a news conference
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Armenian finance minister finds five-percent GDP growth in 2018 achievable
10.05.2017 15:40
For 2018 and 19, Armenia is going to target higher economic growth, and even five per cent is quite possible for the country for the year 2018, Vardan Aramyan, Armenian finance minister, said in an interview with Emerging-europe.com
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Armenian parliament passes 2017 budget
08.12.2016 16:35
By a vote of 83 to 24 ad one abstention the Armenian parliament has passed today in the final reading the 2017 budget. The financial document was backed by lawmakers from the ruling Republican Party of Armenia
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Armenia’s national debt not to surpass 60% of projected GDP
06.12.2016 18:24
In 2016 Armenia’s overall national debt will not exceed 54.4% of the projected GDP, finance minister Vardan Aramyan said today when introducing a set of proposed amendments to the draft budget to parliament. He added that in 2017 it will grow to 56.2%
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Armenian premier not afraid even of 80% foreign debt
21.10.2016 14:27
Karen Karapetyan, Armenian prime minister, speaking Thursday at the National Assembly’s extraordinary session, said that he found important the structure of the country’s foreign debt
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By the end of 2016 Armenia’s public debt will make 54.4% of GDP- minister
05.10.2016 11:32
By the end of 2016 Armenia’s public debt will make 54.4% of GDP, of which 48-49% will be external debt,’ finance minister Vardan Aramyan told a news conference today
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Armenian government may move state debt-GDP ratio ceiling up to create room for new debts
26.08.2016 16:11
The necessity of amending the law on Armenia’s state debt is being discussed now as part of the development of the government budget for 2017, and these changes are essential, Haykakan Zhamanak reports referring to its sources
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