ArmInfo. The government of  Armenia in 2018 does not plan to revise the budget expenditures for  social purposes. The Minister of Finance of Armenia Vardan Aramyan  announced this on September 28 after the meeting of the government,  during which the project "State Budget-2018" was approved.

ArmInfo. At the end of 2018, the total state debt will be about 60% of GDP or over $ 7 billion. This, responding to the question of ArmInfo, was announced on September 28 after the government session by Armenian Minister of Finance Vardan Aramyan.

ArmInfo. Sequester of the state budget-2017 is not planned, Armenian Finance Minister Vardan Aramyan stated at a government meeting on September 28, referring to media publications, according to which the Cabinet discusses the probability of sequestration.

ArmInfo. The GDP growth of Armenia in 2018 is projected at 4.5%. This was stated by the Minister of Finance of Armenia Vardan Aramyan on September 28 at a meeting of the government presenting the draft budget for the next year for approval of the Cabinet.  According to the minister, the forecasts of economic growth for the next year are largely due to the outlined positive dynamics this year. The GDP growth by the end of the year, as Aramyan noted, promises to be higher than planned in the Budget-2017 indicator of 3.2%, as evidenced by high economic activity indicators for the first 8 months of this year. - in the range of 5-5.5%. Thus, as the head of the Ministry of Finance stated, Armenia will close 2017 with GDP growth in the range of 4-4.8%. "Taking into account the positive trends and based on the forecasts of the Central Bank of Armenia, the Ministry of Finance raised forecasts for economic growth up to 4.3% in 2017," Vardan Aramyan said.

ArmInfo. The third tranche of Eurobonds will be implemented by the end of 2019-2020. The volume of the issue will be similar to the amount that the government will send to servicing the state debt on Eurobonds - about $ 500 million, Armenian Finance Minister Vardan Aramyan told a press conference on Sept. 25, ArmInfo correspondent said.

ArmInfo. Yerevan. Armenian Finance Minister Vardan Aramyan denies media's information that when discussing the budget for 2018, all ministries were internally ordered to cut expenses by about 7% so that available funds could be used to service the country's public debt in the future. The share of truth in all this, as Finance Minister of Armenia Vardan Aramyan told ArmInfo correspondent on Sept. 25, is to show some restraint in the formation of current expenses.

ArmInfo. By the end of the year, Armenia plans to sign agreements that exclude double taxation with Kyrgyzstan and Uzbekistan. At the same time, Armenia continues to insist on the need to sign a similar agreement with the United States. Armenian Finance Minister Vardan Aramyan stated at a September 25 press conference.

ArmInfo. Armenian Finance  Ministry according to the results of 2017, GDP growth is expected to  exceed the target of 3.2% in the country's budget. This was stated by  the head of the department Vardan Aramyan on September 25 at a press  conference.

ArmInfo. The United States is  satisfied with the current agreement on avoidance of double taxation  with Armenia, however, at the same time, the US is ready to listen to  the Armenian Government's arguments about the need for a new  Agreement. Answering the question of ArmInfo, the US Ambassador to  Armenia Richard Mills stated on September 13 in Yerevan.

ArmInfo. Armenia simplifies the  process of confirming residency.  The decision on this was approved  at a meeting of the Armenian government on September 7.

ArmInfo. Armenian Finance Minister Vardan Aramyan and European Reconstruction and Development Bank executive Director of Armenia Frans Weekers discussed issues of effective cooperation between Armenia and EBRD.

ArmInfo.

ArmInfo. Armenian Finance Minister Vardan Aramyan received a delegation of the German Development Bank (KfW), led by Regional Director Olaf Zimelka, the press service of the financial department. At the meeting, the parties discussed the issues of the cooperation agenda, as well as touched upon the opportunities and prospects for the development of future programs.Earlier in the course of the meeting with Prime Minister Olaf Zimelk stated that the cooperation with the Armenian government is effective until today and expressed readiness to discuss the issues and proposals presented with the concretization of further steps in this direction.

ArmInfo. Deputy Minister of Finance of  Armenia Atom Janjugazian received coordinator of the SIGMA program of  the Organization for Economic Development and Cooperation (OECD) and  the EU in Armenia Marian Lemke.As the press service of the Armenian  Ministry of Finance informs, during the meeting the importance of the  assistance rendered to Armenia within the framework of the SIGMA  program was emphasized, in particular, in the creation of new laws on  state purchases, on civil service and external audit.

ArmInfo. European Investment Bank is ready to discuss new programs aimed at cooperation with Armenia, vice-President EIB Vazil Hudak stated on July 28 at a meeting with Armenian Finance Minister Vardan Aramyan.

ArmInfo. Armenian Finance Minister Vardan Aramyan does not think that the new US sanctions against the Russian Federation will seriously damage the economy, which will have a lagging effect on the Armenian economy. "The Russian economy has already adapted to work in conditions of sanctions," Vardan Aramyan told journalists after the government meeting on July 27, urging to refrain from negative scenarios for the Armenian economy.

ArmInfo. In October, Armenia will again propose the US to conclude a treaty on the elimination of double taxation. Minister of Finance of Armenia Vardan Aramyan stated this in a conversation with journalists after the government meeting on July 27.

ArmInfo. One of the leading integrated providers of insurance and financial services in the world - The Allianz Group is exploring opportunities and prospects for entering the Armenian market. This was reported by the representatives of the Group at a meeting with RA Minister of Finance Vardan Aramyan.

ArmInfo. Armenian Minister of  Finance Vardan Aramyan admits the existence of oligopoly in the  republic. "Under the conditions of the oligopolistic market, it will  be difficult to achieve the desired growth rates," the minister said  at a meeting with journalists during the discussion of the  medium-term expenditure program for 2018-2020.

ArmInfo. Armenia is negotiating  with Russia on obtaining a new military loan, the head of the  Armenian Ministry of Finance Vardan Aramyan told reporters on July 17  at a press conference.