Thursday, December 21 2017 19:07
Naira Badalian

Artsakh Republic Parliament adopted the main financial document for 2018

Artsakh Republic Parliament adopted the main financial document for  2018

ArmInfo. The Parliament of the  Republic of Artsakh, following discussions in the standing  commissions of the legislative body, approved the "Budget-2018".  Presenting the document, the Minister of Finance of the Republic  Grigory Martirosyan noted that at the second stage of the discussions  32 proposals amounting to 4.8 billion AMD were submitted.

As a result, the state budget of the Republic of Artsakh for 2018 in  terms of revenues will amount to 96 billion 428 million AMD, and in  terms of expenditures - 101 billion 538 million AMD, the deficit will  make 5 billion 110 million AMD. Next year the highest share is  envisaged in the agricultural sector, the energy sector and the  processing industry.

Earlier, on December 14, December 14, in the Artsakh National  Assembly, presenting the draft law of the Republic of Artsakh "On the  state budget of the Republic of Artsakh for 2018", the Minister of  Finance of the Artsakh Republic Grigory Martirosyan noted that he was  drafted taking into account the main provisions of the program of the  President of the Republic of Artsakh on 2017-2020 with the aim to  provide the basis for stable economic growth, development of priority  sectors of the economy, and the formation of a favorable business  environment.

Referring to the economic growth for 2017, the Minister stressed that  the current economic environment, as well as the economic development  trends, allow to expect higher economic growth rates than forecasted  in the medium-term expenditure program for 2018-2020. According to  expectations, it will be about 15%, which is the highest in the last  ten years. The growth is due to the increase in the added value of  the mining industry and other branches of material production.

The Minister added that in 2018 the budget policy to be implemented  will be characterized by budgetary solutions that provide an average  8 percent economic growth in the future. Thus, next year the volume  of GDP is projected at a rate of 291 billion drams, thus ensuring  real growth of 8 percent. The sectoral structure of economic growth  will be preserved, which is due to the increase in the volume of  production envisaged for the next year, primarily in the mining  sector by about 40 percent and forecasting world prices for copper.  The inflation rate is predicted to be within 4 percent.

POST A COMMENT
Input digits     


News
Due to high demand from Kazakhstan, in 2018 an unprecedented number  of cars were imported to ArmeniaDue to high demand from Kazakhstan, in 2018 an unprecedented number  of cars were imported to Armenia
SRC: Tax revenues of the state treasury of Armenia for the 2018th  year according to the old methodology amounted to 1 trillion 306  billion 300 million drams, SRC: Tax revenues of the state treasury of Armenia for the 2018th  year according to the old methodology amounted to 1 trillion 306  billion 300 million drams, "according to the new" - 1 trillion 257  billion 900 million drams
The entry into force of a number of new tax regulations for  representatives of the public catering may be delayed for several  years.The entry into force of a number of new tax regulations for  representatives of the public catering may be delayed for several  years.
The EU, together with WB, presented a new transport progject for the  Eastern Partnership countriesThe EU, together with WB, presented a new transport progject for the  Eastern Partnership countries
David Ananyan urges not to link inspections at Gazprom-Armenia with  the possibility of lowering natural gas tariffsDavid Ananyan urges not to link inspections at Gazprom-Armenia with  the possibility of lowering natural gas tariffs
Outflow of private transfers from Armenia exceeded $ 1 billion markOutflow of private transfers from Armenia exceeded $ 1 billion mark
Armenia`s international reserves decreased by 2.8% in 2018Armenia`s international reserves decreased by 2.8% in 2018
VTB Bank (Armenia) has set a zero commission on SWIFT transfers for  new customers - representatives of SMEsVTB Bank (Armenia) has set a zero commission on SWIFT transfers for  new customers - representatives of SMEs
President of Armenia and Managing Director of MUBADALA Investment  Company discussed prospects for cooperationPresident of Armenia and Managing Director of MUBADALA Investment  Company discussed prospects for cooperation
Ardshinbank paid to conscientious borrowers a cashback amounting to  50 million AMD within 2018 Ardshinbank paid to conscientious borrowers a cashback amounting to  50 million AMD within 2018 
UAE company interested in investing in ArmeniaUAE company interested in investing in Armenia
European Commission and World Bank to promote infrastructure  development in Eastern Partnership countriesEuropean Commission and World Bank to promote infrastructure  development in Eastern Partnership countries
The US Senate is trying to prevent lifting of sanctions from  Deripaska`s companies, including ArmenalThe US Senate is trying to prevent lifting of sanctions from  Deripaska`s companies, including Armenal
In 2019, in Yerevan for the companies with an annual turnover of up  to 115 million drams, privileges on local duties will be established In 2019, in Yerevan for the companies with an annual turnover of up  to 115 million drams, privileges on local duties will be established 
Romanian TAROM airline enters Armenian marketRomanian TAROM airline enters Armenian market
Garegin Baghramyan participates in 9th session of IRENA Assembly in  Abu DhabiGaregin Baghramyan participates in 9th session of IRENA Assembly in  Abu Dhabi
Swedish banker appointed EBRD Regional Director for the Caucasus Swedish banker appointed EBRD Regional Director for the Caucasus 
Expert: Economic growth in Armenia in 2018 was mainly provided by  casino revenuesExpert: Economic growth in Armenia in 2018 was mainly provided by  casino revenues
Nikol Pashinyan receives representatives of food processing and  catering companiesNikol Pashinyan receives representatives of food processing and  catering companies
CJSC CJSC "Gazprom Armenia" reckons upon efficient amount of the tariff  margin for reliable gas supply to consumers
In Armenia, inflation in 2018 was lower - 1.8% than in 2017- 2.6%In Armenia, inflation in 2018 was lower - 1.8% than in 2017- 2.6%
Discussions on possibility of returning the products of Discussions on possibility of returning the products of "Armenal"  plant to American market continue
In 2018 dram to dollar devalued by 0.3% amid inflation at 1.8%In 2018 dram to dollar devalued by 0.3% amid inflation at 1.8%
PSRC considers groundless and unacceptable attacks by Ucom, a  telecommunications company, to spread misinformationPSRC considers groundless and unacceptable attacks by Ucom, a  telecommunications company, to spread misinformation
David Ananyan is positive about consensus building with restaurant  business ownersDavid Ananyan is positive about consensus building with restaurant  business owners
The most sought-after foreign destination for Russians on New Year`s  holidays is ArmeniaThe most sought-after foreign destination for Russians on New Year`s  holidays is Armenia
Armenia will tighten the rules for the duty-free importation of  individuals` luggageArmenia will tighten the rules for the duty-free importation of  individuals` luggage
Armenia continues negotiations on opening road alternative to Upper  Lars Armenia continues negotiations on opening road alternative to Upper  Lars 
50 or more percent of state shares in commercial structures of  Armenia may be handed over under trust management50 or more percent of state shares in commercial structures of  Armenia may be handed over under trust management
Mher Abrahamyan appointed Chairman of the Board of IDBankMher Abrahamyan appointed Chairman of the Board of IDBank


Exchange rates
14.01.2019
RUB7.23-0.03
USD486.410.43
EUR557.52-2.23
GBP624.214.49
CAD366.52-1.98
JPY44.980.12
CNY72.000.44
CHF495.070.53


Experts
Expert: Recruitment market in Armenia from the point of view of  supply and demand is sleepingExpert: Recruitment market in Armenia from the point of view of  supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limitedExpert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in ArmeniaAssociation of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not changePailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the gameRouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan:  Armenia`s payment business has great prospectsMher Arakelyan:  Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report  on Armenia`s banking systemRating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system
Igor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care ofIgor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care of
Ara Khzmalyan: Armenia is comfortable to Russian touristAra Khzmalyan: Armenia is comfortable to Russian tourist
The Armenian delegation to the US followed the advice of President TrumpThe Armenian delegation to the US followed the advice of President Trump
Outflow of population and passivity of the Diaspora pushes property prices downOutflow of population and passivity of the Diaspora pushes property prices down
Finombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and  non-creditworthy consumersFinombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and non-creditworthy consumers
Vahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distancesVahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distances
Gagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directionsGagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directions
Vitaly Nesis: Armenia is very promising from the geological point of viewVitaly Nesis: Armenia is very promising from the geological point of view
The market of OSAGO goes into virtual spaceThe market of OSAGO goes into virtual space
Ishkhan Mkhitaryan: ArCa and Mir complete the technological part of the project of interaction, business for banksIshkhan Mkhitaryan: ArCa and Mir complete the technological part of the project of interaction, business for banks
The second stage of implementation of the program for prolonging the lifetime of the power unit N2 of the Armenian NPP beginsThe second stage of implementation of the program for prolonging the lifetime of the power unit N2 of the Armenian NPP begins
Successful business is forging for years - to the jubilee of IC Successful business is forging for years - to the jubilee of IC "INGO Armenia"
Armen Shahnazaryan: The double increase in the insurance portfolio of EIAA ICJSC by the end of 2018 is quite feasibleArmen Shahnazaryan: The double increase in the insurance portfolio of EIAA ICJSC by the end of 2018 is quite feasible

Search by date

Government Bonds

 

ISIN AMGB1029A250
Auction ID AMGB1029A250A
Date 12.05.2017
Issue date 29.10.2015
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
DLS
Total amount (AMD) 1 000 000 000
Amount of the total bids (AMD) 787 200 000
Amount of the total accepted bids (AMD) 787 200 000
Cut of yield (%) 10,6447
Weighted avrage yield (%) 10,6447
Auction max  yield (%) 10,6447
Auction min  yield (%) 10,6447
Number of participants 5
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

Commented
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff
By the end of 2018, By the end of 2018, "Galburdjian Group" will launch the production of  sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources,  rather than small hydropower stationsExpert: Armenia has a problem with effective use of water resources,  rather than small hydropower stations
Investment forum Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the  construction of a new nuclear unitExpert: It is necessary to start implementing the program for the  construction of a new nuclear unit
The updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of EnergyThe updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of Energy
Eurasian Development Bank wishes to expand its activities in ArmeniaEurasian Development Bank wishes to expand its activities in Armenia
$ 100 million to be invested in repatriation project Build Armenia$ 100 million to be invested in repatriation project Build Armenia
FRV: Armenia`s growing desire to increase renewable energy sources is  a decisive factorFRV: Armenia`s growing desire to increase renewable energy sources is a decisive factor
Suren Papikyan: It`s safe now to do business in Armenia, assures  Armenian MinisterSuren Papikyan: It`s safe now to do business in Armenia, assures  Armenian Minister
Armenian state debt started reducing up to $6.7 bln to June 1 2018Armenian state debt started reducing up to $6.7 bln to June 1 2018
Minister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two yearsMinister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two years
Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan 
German bank KFW urges Armenia to build power line in the direction to  GeorgiaGerman bank KFW urges Armenia to build power line in the direction to  Georgia
Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation 
IFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture MinistryIFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture Ministry
Rosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to RussiaRosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to Russia
Armenian nuclear power station has a resource for work for another 30  yearsArmenian nuclear power station has a resource for work for another 30 years
Premier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the countryPremier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the country
In Armenia, an online service has been activated that allows  calculating the cost of customs clearance of a carIn Armenia, an online service has been activated that allows calculating the cost of customs clearance of a car
Gyumri programmers won on hekaton Gyumri programmers won on hekaton "Innovative ideas for tourism development"
Armenian Lori opens a large international ski resortArmenian Lori opens a large international ski resort
A number of light and alcohol industry enterprises of Armenia will be  provided with state supportA number of light and alcohol industry enterprises of Armenia will be provided with state support
Expert: The attitude of Armenian public to the nuclear power industry is demonstrated not by the promiseExpert: The attitude of Armenian public to the nuclear power industry is demonstrated not by the promise