Sat, 14 June
22.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Central Bank’s administrative expenditures to total 6.54bln drams in Armenia in 2015

YEREVAN, October 29. /ARKA/. According to the 2015 draft budget, the Armenian central bank’s administrative expenditures will amount to 6.54 billion drams, a 3% increase from the 2014 level, head of the central bank Artur Javadyan said at the budget hearing in the parliament on Tuesday.

The staff costs will total 6.3 billion drams, including 5.29 bln paid in salaries, as compared to 5.1 billion in 2014.

Average staff member salary is 530,000 drams, and no increase is planned for 2015, Javadyan said. There will be salary increases only for track record, age and some other reasons, he said.

According to the 2015 draft budget, Armenia’s consolidated budget revenues will amount to 1 trillion 221 billion drams and budget spending will total 1 trillion 337 million drams. Budgeted deficit is 116.6 billion drams. ($1 – 410.24 drams). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img