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Armenian government and German KfW willing to expand cooperation

19.06.2018 16:16

Armenian government and German KfW willing to expand cooperation

YEREVAN, June 19. /ARKA/. Armenian Prime Minister Nikol Pashinyan received today a delegation headed by Olaf Zimelka, the regional director of the German Development Bank (KfW) for Central Asia and the South Caucasus.

The government press office quoted Pashinyan as saying that his government appreciates highly cooperation with the bank, and stressing its role in various sectors of Armenian economy.

Nikol Pashinyan was said to have stressed the need to increase the effectiveness of joint credit programs and to ensure the duration of projects. The head of the government spoke also about the priorities of the government and the status of reforms designed to improve the business environment and stimulate investment.

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In 2020 Armenia will need $973.5 million to service its foreign debt

29.05.2018 20:52

In 2020 Armenia will need $973.5 million to service its foreign debt

The amount of money that the government of Armenia earmarks annually to service its foreign debt is gradually increasing, and by 2020 it will reach the maximum of $973.5 million, the deputy head of the Audit Chamber Ara Nranyan told the parliament today

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Armenian president accepts government’s resignation

09.04.2018 16:47

Armenian president accepts government’s resignation

Armenia’s new president Armen Sarkissian who was sworn in on Monday in a special inauguration ceremony, accepted the resignation of the government

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IMF welcomes Armenian government’s intention to implement a comprehensive package of reforms

29.03.2018 16:30

IMF welcomes Armenian government’s intention to implement a comprehensive package of reforms

An International Monetary Fund (IMF) staff team led by Mr. Hossein Samiei visited Yerevan on March 14–28 to conduct initial discussions on a possible new IMF arrangement with Armenia, the press office of the IMF Mission in Armenia reported on Thursday

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Armenian government’s external debt grew by 14.3% in 2017 to about $5.5 billion

02.03.2018 18:19

Armenian government’s external debt grew by 14.3% in 2017 to about $5.5 billion

In Late December 2017 Armenia’s overall external public debt stood at $5.494.9 billion, an increase of 14.3% or $696.6 million from the previous year, according to the numbers, released by the National Statistical Service

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Armenian government accounts for better-than-projected indicators for 2017

22.01.2018 12:05

Armenian government accounts for better-than-projected indicators for 2017

On Friday, representatives of the Armenian finance ministry told Karen Karapetyan, prime minister, that the indicators of 2017 exceed the figures projected in the government budget, the government’s press office reports

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Government to subsidize loans on intensive gardening

21.12.2017 17:47

Government to subsidize loans on intensive gardening

The government of Armenia has approved today a pilot program designed to subsidize interest rates on loans to be provided to farmers engaged in intensive gardening

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Armenian government and Germany’s KfW sign € 23.8-million agreements

19.12.2017 14:40

Armenian government and Germany’s KfW sign € 23.8-million agreements

The Armenian government and German Development Bank (KfW) signed two agreements on Monday as Karen Karapetyan, Armenian prime minister, meet with German Development Bank (KfW) Regional Director Olaf Zimelka

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Armenian government’s external debt up 5.5 percent in 9 months

04.12.2017 15:34

Armenian government’s external debt up 5.5 percent in 9 months

Armenian government’s aggregate external debt stood at $5.067.8 billion at the end of September, an increase of 5.5%, when compared to the beginning of the year, according to the numbers, released by the National Statistical Service (NSS)

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Armenian government will not make new issue of Eurobonds

25.09.2017 17:42

Armenian government will not make new issue of Eurobonds

The government of Armenia has no plans to make a new issue of USD-denominated Eurobonds, finance minister Vardan Aramyan said at a press conference on Monday

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