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

Pashinyan: Regional Situation Increases Inflation Risks in Armenia

Armenian Prime Minister Nikol Pashinyan commented on the correlation between pension increases and rising inflation.

Papoyan discussed economic reforms, export strategy, and investment with the head of the IMF mission to Armenia

YEREVAN, March 25. /ARКА/. Armenian Economy Minister Gevorg Papoyan...

Armenia to Introduce Electronic Seizure of Information Constituting Banking Secrets

At its session on Wednesday, the National Assembly of Armenia adopted in the first reading a legislative package amending the Criminal Procedure Code of the Republic of Armenia and related laws.

Euro rose 3.82 points against the Armenian dram, while the dollar fell – Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 24, 2026, fell 0.06 points compared to March 23, to 377.32 drams.

Armenian insurance company Prime Insurance Brokers has received Lloyd’s Broker accreditation

Armenian insurance company Prime Insurance Brokers LLC has received accreditation as a Lloyd's broker.

LATEST NEWS

spot_imgspot_imgspot_img