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Daily Archives: Dec 30, 2020

Armenia’s 2020 government budget deficit to increase to 6.2% – central bank’s report

Armenia's government budget deficit in GDP will increase by 4.8 percentage points in 2020, compared to last year, and will reach 6.2%, which is mainly due to tax cuts, according to the monetary policy program for the fourth quarter and the central bank's report on the implementation of monetary policy for the third quarter of this year

Central bank: 12-month inflation come close to 4% target

Armenia's 12-month inflation will approach and stabilize around the target, according to the program of monetary policy for the fourth quarter and the report of the central bank on the implementation of monetary policy for the third quarter of this year