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Pashinyan: thanks to third issue of Eurobonds, government will save $10 million a year on servicing its foreign debt

25.01.2020 15:51

Pashinyan: thanks to third issue of Eurobonds,  government will save  $10 million a year on servicing its foreign debt

KAPAN, January 25. /ARKA/. Armenian Prime Minister Nikol Pashinyan said on Saturday that thanks to the third issue of Eurobonds, the government will save $10 million a year on servicing its foreign debt.

The third issue of Eurobonds to the tune of $500 million was placed on September 26, 2019 on the international capital market with a 10-year maturity and 3.95% coupon yield, which is significantly lower than the coupon yield on the bonds of the previous two issues.

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Armenia's government debt structure remains stable with positive declining trend, Raex-Europe says

16.01.2020 14:40

Armenia's government debt structure remains stable with positive declining trend, Raex-Europe says

Armenia’s government debt structure remains stable, RAEX-Europe said

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Government of Armenia encourages companies to enter capital market

15.01.2020 10:47

Government of Armenia  encourages companies to enter capital market

The government of Armenia will develop a system of mechanisms to encourage local companies to enter the capital market, Economy Minister Tigran Khachatryan told reporters on Tuesday, adding that the goal is to improve the country’s position in the World Bank’s Doing Business report

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Armenian farmers to be given government guarantees

24.12.2019 18:58

Armenian farmers to be given government guarantees

The government of Armenia will provide farmers with credit guarantees, Deputy Economy Minister Artak Kamalyan told reporters on Tuesday

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Armenian government approves plan of measures to reform financial management system

28.11.2019 16:55

Armenian government approves plan of measures to reform financial management system

The government of Armenia has approved today a plan of measures designed to reform the financial management system for 2019-2023. The main purpose of the plan is to guarantee an equitable distribution of public goods

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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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Armenian government's 2020 budget deficit set at 183 billion drams

28.10.2019 18:52

Armenian government's 2020 budget deficit set at 183 billion drams

The draft 2020 budget of the Armenian government projects a deficit to the tune of 183 billion drams or 2.6% of the GDP, Minister of Finance Atom Janjugazyan said today during a discussion of the draft budget by parliamentary standing committees

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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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Armenian government may attract cheap resources by issuing pan-Armenian bonds, economist says

23.09.2019 18:01

Armenian government may attract cheap resources by issuing pan-Armenian bonds, economist says

The government of Armenia may attract cheap resources by issuing pan-Armenian bonds, Tatul Manaseryan, head of a Yerevan-based think tank Alternative, told reporters on Monday

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Inflation risks lessened in Armenia for next five years by public confidence in government

17.09.2019 17:16

Inflation risks lessened in Armenia for next five years by public confidence in government

Public confidence in the government lessened a great deal inflation risks in Armenia for the next five years, Armenian Prime Minister Nikol Pashinyan said Monday at a news conference in Vanadzor

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