Armenian parliament approves Government’s program

YEREVAN, May 23./ARKA/. Armenian parliament approved the government’s program for 2013-2017, ARKA correspondent reported Thursday.

Some 76 deputies of the coalitional parties, the Republican party and Orinats Yerkir, supported the program, and 41 deputies voted against it.

The new Cabinet of Armenia was assembled on May 8 after the presidential election of 18 February.
The government submitted its 2013-2017 program to the National Assembly on May 20.

The program mainly embraces five principal courses: safe and prosperous Armenia, creation of new jobs with a fair salary, free and fair Armenia, human capital and institutional development.

The current program has the same targets as the previous one, particularly, related to reaching the same economic growth, doubling the minimal wages, reducing poverty by 8-10%, creating 100,000 new jobs, ensuring growth in pensions and increasing the share of taxes in GDP structure.—0-

spot_img

POPULAR

Armenia’s public debt-to-GDP ratio in 2027 may exceed the expected 2026 figure by 0.7 percentage points

Armenia's public debt-to-GDP ratio in 2027 is projected to be 47.2%, which is 0.7 percentage points higher than the expected 2026 figure, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

4.3% Inflation Recorded in Armenia in October  

Twelve-month inflation in Armenia's consumer market in October of this year was 4.3%, according to a report from the Statistical Committee of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 26 – November 1)

The financial agenda for the week included a review of bank capital requirements, preparation of a framework for thematic bonds, and the development of a digital financial services infrastructure.

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img