Armenia’s public debt increased 0.14% to $4 320.8 million in January

02.03.2016 17:55
Armenia’s public debt increased 0.14% to $4 320.8 million in January

YEREVAN, March 2. /ARKA/. Armenia’s total public debt reached $4 320.8 million by late January 2016 after growing 0.14% over one month, the National Statistical Service of Armenia reported on Wednesday.

According to the statistical report, the country’s foreign debt amounted to $4 320.8 million in late January 2016 showing a 0.08% ($3.5 million) month-on-month increase.

The Armenian government’s foreign debt amounted to $3 843.2 million after growing by $2.3 million over one month and the central bank’s debt grew by $1.2 million to $477.5 million.

Armenia’s domestic debt grew by $3.7 million to $765.1 million. Government bonds bought by residents totaled $667 million, government bonds in foreign currencies $96.1 million and internal guarantees $1.97 million.

In the Armenian government budget for 2016, the ratio of the country’s state debt to GDP is projected at 49.4%, and foreign debt-GDP ratio at 42.8%.

The state debt is projected at $5.569 billion, of which 86.6% is foreign debt. --0---


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