Armenia’s total public debt grows 0.67% to $5120.4 million in February

01.04.2016 18:46
Armenia’s total public debt grows 0.67% to $5120.4 million in February

YEREVAN, April 1. /ARKA/. Armenia’s total public debt reached $5120.4 million in late February after growing 0.67% over one month, the National Statistical Service of Armenia reports.

The country’s foreign debt grew 0.49 or by $21.2 million in February to $4342.12 million.

The government’s debt amounted to about $3 862.2 in late February after growing by $19 million over the month and the central bank's debt grew by $2.2 million to $479.82 million.

Armenia's domestic debt totaled $778.3 million in late February. Government bonds purchased by residents amounted to about $668.89 million and government bonds in foreign currencies to $97.4 million and internal guarantees to $1.95 million.

In the 2016 government budget, the country's public debt to GDP is projected to stand at 49.4%, and the ration of foreign debt to GDP will stand at 42.8%.

The public debt in the government budget is projected at $5.569 billion, of which 86.6% is foreign debt. ---0---


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