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On March 28, the RA NA Standing Committee on Regional and E urasian Integration moderat ed by Armen Gevorgy an, debated the Report on Implementation Process and Results of the RA Government Programme for 2021 (2021-2026) approved by the N 234-A Decision of the RA Government on February 28, 2022.

In his report the Minister of Finance Tigran Khachatryan touched upon the tax-budgetary policy implemented in 2021. As an important measure the fact of issuing the Eurobonds was singled out. 750 mln USD Eurobonds with 3,875% yield were issued.

According to the rapporteur, the international financial markets refer with confidence to the macro-economic policy and creditworthiness being implemented by the Government.

It is remarkable that during the financial year the international authoritative organizations keep the assessments, ratings given before, documenting that the implementing policy by the Government is of sufficient positive importance in terms of managing the existing risks.

It was recorded that during the financial year all the expenditure were carried out on time and in the total volume. With regards to current expenditures no deviation had been recorded, and the capital expenditures had almost been the same.

In the report the implementing tax policy, the anti-crisis programmes and the state debt were also touched upon.