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August 20
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At Thursday’s Cabinet meeting, the government of Armenia made a decision to replace the interest-free on-demand ordinary government bill provided by the government to the Central Bank.

The decision states that taking into account that according to the Central Bank's consolidated financial statements for 2021, its loss for the reporting year exceeded the amount of reserves by 38,618,777,347 drams, and therefore it is proposed to replace the interest-free on-demand ordinary bill with a face value of 15,776,447,001 drams provided by the government to the Central Bank with a bill of 54,395,224,348 drams.

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