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Armenian government’s debt service to need over $700 million in 2019

26.12.2018 14:40

Armenian government’s debt service to need over $700 million in 2019

YEREVAN, December 26. /ARKA/. The Armenian government’s debt service will need AMD 356.9 billion ($737.3 million) in 2019, the country’s finance ministry says in its 2019 annual borrowings program available on its website.

In accordance with the program, the principal amount of the government debt will be AMD 198.9 billion and interest payment will amount to AMD 158 billion.

AMD 182.4 billion or 43.6% here is interest payment on government treasury bonds – AMD 113.7 billion alone will be allocated for repayment of bonds.

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Pashinyan says Armenian government and central bank’s cooperation aimed at citizens’ welfare

26.12.2018 12:56

Pashinyan says Armenian government and central bank’s cooperation aimed at citizens’ welfare

Armenian Acting Prime Minister Nikol Pashinyan spoke Tuesday at a reception at the Central Bank of Armenia organized in connection with New Year and Christmas holidays

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Armenian government’s debt in 2019 to amount to $6.913 billion or 49.8% of GDP

25.12.2018 18:56

Armenian government’s debt in 2019 to amount to $6.913 billion or 49.8% of GDP

Armenian government’s debt in 2019 will amount to $6.913 billion or 49.8% of GDP, by $465 million more than in the outgoing year, the Ministry of Finance said in the annual loan program for next year, published on its official website

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Government to restructure army officers’ loans

24.12.2018 16:50

Government to restructure army officers’ loans

Armenia’s acting Prime Minister Nikol Pashinyan wrote in a Facebook post that the government is going to restructure loans of several thousand of career and warrant army officers

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Upper benchmark for consumer loans for farmers to rise

09.11.2018 17:53

Upper benchmark for consumer loans for farmers to rise

At its regular meeting held Thursday, the Armenian government upheld amendments to the consumer lending law and a number of related laws

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Armenian government to consider farmers individually in easing their tax burden

08.11.2018 17:06

Armenian government to consider farmers individually in easing their tax burden

Gegham Gevorgyan, Armenian acting agriculture minister, said Wednesday presenting the 2019 draft government budget to parliamentary committees that the government should display personal approach in easing farmers’ tax burden

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Armenian government earmarks 1.2 billion drams as compensation for depreciated soviet time bank deposits

07.11.2018 18:51

Armenian government earmarks 1.2 billion drams as compensation for depreciated soviet time bank deposits

The draft budget of the Armenian government for 2019 has earmarked 1.2 billion drams to be paid as compensation for Soviet time depreciated bank deposits

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Government to encourage companies to enter IPO market

02.11.2018 16:19

Government to encourage companies to enter IPO market

The government will encourage companies to enter the IPO market, Armenia’s Acting Prime Minister Nikol Pashinyan told an extraordinary session of the parliament today

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Armenian government to cut rates on mortgage loans

03.09.2018 13:03

Armenian government to cut rates on mortgage loans

The Armenian government is preparing unprecedented mortgage rates for the social housing program, designed for young families, Armenian Prime Minister Nikol Pashinyan said during a live Facebook broadcast on late evening on September 2

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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

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

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