Armenia PM: We started economic year with very strong positive signal

News.am, Armenia
Feb 4 2021

YEREVAN. –The government of the Republic of Armenia has successfully issued eurobonds; with this issuing, we have issued a bond worth $750 million. And it is very important to record that the issuing took place with the most favorable terms, the lowest interest rate in the history of our country. Prime Minister Nikol Pashinyan stated this at Thursday's Cabinet meeting of the government.

"This is a very important signal for our economy. First, a guarantee of macroeconomic stability has been formed with this. Second, in fact, we can say that this is the first serious signal of overcoming the post-war economic shock, which also shows that international investors are confident in the economic future of the Republic of Armenia and the policy run by the government. (…). We can record that we have started the economic year with a very strong positive signal. We hope that this positive signal will cause a chain reaction," Pashinyan also said.