Mon, 29 September
9.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

No shortage of budgetary funds and financial threat to national security in Armenia

YEREVAN, June 24. /ARKA/. There is no shortage of budgetary funds and a financial threat to national security in Armenia, Deputy Finance Minister Armen Hayrapetyan said Wednesday at an extraordinary parliamentary meeting answering an MP’s question that the authorities are spending reserve funds in a difficult situation, and thereby pose a threat to national security.

He noted that the authorities conduct consistent research and assessments of the development situation of the coronavirus and the crisis associated with it in all scenarios in order to understand to what extent the financial stability is ensured.

“If we see risks, we will take steps. However, even today, in conditions of fiscal instability and lack of budgetary funds, there is no such threat,” Hayrapetyan said.

A state of emergency was declared in Armenia on March 16, 2020 to curb the spread of the coronavirus, and then extended three times. The latest decision, dated from June 12, extends the state of emergency until 17:00 July 13.

According to the latest official report issued Wednesday morning, 21,717 confirmed COVID-19 infection cases, 10,797 recovery cases and 386 deaths have been recorded in Armenia. -0—-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img