Crackdown on corruption and shady dealings have brought $1.1 billion to Armenia’s government budget since 2018 – Pashinyan

YEREVAN, April 7. /ARKA/. The steps taken by the Armenian government, including those measures aimed at rooting out corruption and shady dealing, have brought $1.1 billion to the country’s budget since 2018 increasing the budget revenue by 40%, Prime Minister Nikol Pashinyan said Monday while answering citizens’ questions in a live broadcast.

Pashinyan said that AMD 40 billion had already been returned to the budget on criminal cases, and there are cases in the process of investigation, which can bring up to AMD 190 billion to the government budget.

Comparing the processes of anti-corruption struggle in Armenia and Georgia, the premier said that the Rose Revolution in Georgia had a geopolitical context. “One of the geopolitical centers was interested in proving by using all means the effectiveness of what had happened and was making gifts in a gigantic scale,” he said.

The prime minister said that in the case of Armenia, the changes have no geopolitical context, band more than that – the government was and remains against introducing this component.

“Of course, we cooperate with our colleagues, and our reforms have partners, but nobody sponsors us in our reforms. We wished so because we said that the democratic revolution has no geopolitical context,” he said. ($ 1 – AMD 501.55). -0-

spot_img

POPULAR

Ranking of the most profitable credit institutions in Armenia for the first 9 months of 2026

The ARKA news agency has published a ranking of Armenia’s most profitable credit organizations for the period from January to September 2026.

Business loan pre-approval in five minutes — what did Unibank showcase in Gyumri?

Unibank showcased its financing and card payment solutions for small and medium-sized enterprises at the “Banks and Business in Gyumri” expo, organised at the initiative of the Union of Banks of Armenia.

Ranking of Armenian Credit Organizations by Credit and Leasing Portfolio as of September 30, 2026

The ARKA agency has published a ranking of Armenia’s largest credit organizations based on the volume of their credit investments and leasing operations as of September 30, 2026.

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).

Create your Visa Digital from Unibank for purchases and transfers

Unibank offers Visa Digital cards for money transfers as well as online and in-store purchases.

LATEST NEWS

spot_imgspot_imgspot_img