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Armenian government gives permission for ratification of EBRD loan to improve public transport in Yerevan

23.12.2021 14:23

Armenian government gives permission for ratification of EBRD loan to improve public transport in Yerevan

YEREVAN, December 23, /ARKA/. The Armenian government has given permission today to ratify a loan agreement with the European Bank for Reconstruction and Development (EBRD).

Earlier, EBRD said it was extending a €20 million sovereign loan to Armenia for the benefit of the Yerevan Bus Company to acquire new compressed natural gas buses.

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Armenian government’s budget deficit in 2022 projected at 3.1% of GDP- minister

25.10.2021 22:23

Armenian government’s budget deficit in 2022 projected at 3.1% of GDP- minister

The deficit of the Armenian government’s 2022 budget is projected at 3.1% of GDP or 243 billion drams, Finance Minister Tigran Khachatryan said today when speaking at a parliamentary hearing on next year’s budget

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Standard & Poor’s: Armenian government’s general debt to decrease to 48% by 2024 from 53% in 2021

13.10.2021 13:01

Standard & Poor’s: Armenian government’s general debt to decrease to 48% by 2024 from 53% in 2021

The Standard & Poor’s said in a report it projects general government debt of Armenia to decrease to 48% by 2024 from 53% in 2021

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Armenian government to look into demand for Diaspora bonds

11.10.2021 23:13

Armenian government to look into demand for Diaspora bonds

The government of Armenia is set to look into the demand for so-called Diaspora bonds as part of its development program

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VTB Bank (Armenia) launches lending to aspiring entrepreneurs as part of government's 19th assistance program

11.06.2021 17:01

VTB Bank (Armenia) launches lending to aspiring entrepreneurs as part of government's 19th assistance program

As part of the 19th assistance program designed by the government of Armenia to help offset the economic consequences of the coronavirus crisis, conducted jointly with the Ministry of Economy and the Investment Support Center Foundation, VTB Bank (Armenia) announced today lending to small businesses and assistance in the implementation of business projects of entrepreneurs in this segment, the press service of the bank reported

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Armenian government to use part of proceeds raised from sale of Eurobonds to build 'financial cushion,' minister says

04.02.2021 15:38

Armenian government to use part of proceeds raised from sale of Eurobonds to build 'financial cushion,' minister says

The Armenian government will use part of the proceeds raised from sale of $750 million of USD-denominated Eurobonds to build a “financial cushion,” Finance Minister Atom Janjughazyan said during a government meeting on Thursday

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Armenian government's decision to issue Eurobonds is a forced step containing great risks, economist says

27.01.2021 20:44

Armenian government's decision to issue Eurobonds is a forced step containing great risks, economist says

Armenian government’s decision to place another issue of Eurobonds is a forced step that contains great risks, economist Tatul Manaseryan said in an interview with ARKA news agency

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Armenian government's debt to make 65% of GDP this year

02.11.2020 19:31

Armenian government's debt to make 65% of GDP this year

The Armenian government’s debt by the end of 2020 will make 65% of GDP, and in 2021 it will slightly decrease to 63%, Finance Minister Atom Janjughazyan said on Monday, presenting the draft state budget for 2021 to parliamentary commissions

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Armenian government allocates another AMD 119 billion to cushion economic consequences of COVID-19

24.09.2020 15:54

Armenian government allocates another AMD 119 billion to cushion economic consequences of COVID-19

Armenian Vice Premier Mher Grigoryan pointed out Thursday the progress in the implementation of the government’s 1st and 2nd programs aimed at cushioning the economic consequences of the coronavirus

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Armenian banks provide 119 billion drams worth loans to support government's anti-coronavirus measures

22.09.2020 19:12

Armenian banks provide 119 billion drams worth loans to support government's anti-coronavirus measures

As part of a string of assistance measures designed by the government of Armenia to help companies and citizens offset the consequences of the coronavirus crisis, local banks have provided loans to the tune of 119 billion drams, the Union of Banks of Armenia said in a statement

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