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Some 691 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

27.03.2020 20:11

Some 691 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

YEREVAN, March 27. /ARKA/. Some 691.5 million drams (almost $1.4 million) have been raised so far to support the Armenian government's efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported.

To that end the ministry has opened a special treasury account. The ministry said a total of 2,802 donations were made.

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Some 100 million drams have been raised to support Armenian government's efforts to contain the spread of coronavirus

19.03.2020 18:52

Some 100 million drams have been raised  to support Armenian government's efforts to contain the spread of coronavirus

Some 100 million drams (almost $225 thousand) have been raised so far to support the Armenian government’s efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

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Armenian government's revenue in 2018-2019 rose by $1.06 billion

27.02.2020 18:25

Armenian government's revenue in 2018-2019 rose by $1.06 billion

Armenian government’s revenue in 2018-2019 rose by the equivalent of $1.06 billion, Prime Minister Nikol Pashinyan said during a government meeting on Thursday. He said in terms of Armenian drams the tax collection rate rise amounted to 505.4 billion drams or 43.6%

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Armenian banks' transfers to government budget built up 12.3% in 2019

01.02.2020 14:37

Armenian banks' transfers to government budget built up 12.3% in 2019

All the banks operating in Armenia have found themselves in the State Revenue Committee’s list of the 1,000 biggest taxpayers of the country. They have sent AMD 54.6 billion to the government budget in 2019 against AMD 48.6 billion a year before

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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

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

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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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