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Finance minister on possible injection of bank deposits into financial market

09.12.2020 21:29

Finance minister on possible injection of bank deposits into financial market

YEREVAN, December 9. /ARKA/. Armenian Minister of Finance Atom Janjughazyan commented today on the possibility of injecting individual bank deposits into the financial system in 2021, when asked by MP Sergey Bagratyan what was being done to turn the country's domestic resources into long-term investments.

The lawmaker stressed that at the moment the individual bank deposits are estimated at the equivalent of about $8 billion. In this context, he asked what tools the government and the Ministry of Finance used in order to inject at least $1 billion of that money into the financial market in 2021.

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Tags: bank @en, Deposits, financial market, injection

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